DianeW777
Expert Alumni

Retirement tax questions

It depends.  If your 1099-R has a code G in Box 7, then it indicates this was a trustee to trustee (company to company) transfer that did not enter your hands.  If that is the case, you can keep the 1099-R in your files.

 

If you actually carried the money from one plan to the other then you should include it to show the IRS you did not keep any of the money. In this case you would have to go to TurboTax Deluxe and TurboTax will ask you if you want to upgrade. 

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