DanaB27
Expert Alumni

Retirement tax questions

Are you referring to the code in box 7? What is the code in box 7? 

 

If the code in box 7 doesn't show a direct rollover then you can indicate a rollover in the follow-up question:

 

  1. Click "Federal Taxes" on the top and select "Wages & Income"
  2. Click "I'll choose what to work on"
  3. Scroll down and click "Start" next to "IRA, 401(k), Pension Plan (1099-R)
  4. Answer "Yes" to the question "Did You Have Any of These Types of Income?"
  5. Choose "Form 1099-R, Withdrawal of Money from 401(k) Retirement Plans, Pensions, IRAs, etc."
  6. Continue "What did you do with this money from this payer?" and select "I moved the money to another retirement account (or returned it to the same account)"
  7. Then choose “I did a combination of rolling over, converting, or cashing out money.” and enter the amount next to "Amount rolled over to another (or back to the same) retirement account"

 

 If you need to file an extension then please see How do I file an IRS tax extension? Please remember an extension does not give you extra time to pay your taxes, which are due on April 18.

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