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Retirement tax questions
If your 1099-R has a Code G in Box 7, this indicates a 'Rollover' of funds from one plan to another. Rolled over funds are generally non-taxable.
If not, you may have indicated in the questions following your 1099-R entry that you 'rolled over' the distribution into another retirement plan.
If this does not apply, go back to your entry and check your responses to the questions in TurboTax.
Here's more info on IRA Rollovers.
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March 31, 2023
10:45 AM