Hello,
I had a "deferred vesting retirement plan" with an educational institution at TIAA that hiked up plan management rates. To avoid paying those rates I rolled that money (~$450) over into my TIAA traditional IRA in March 2023. While hanging out in the traditional IRA, it gained some cap gains, and eventually I rolled that entire amount (then $456) to my employer provided 401k at Fidelity. However, since the money moved to another institution, TIAA shows its statement to me as "cashed out". Fidelity shows the same $456 as a "rollover", as they got the check from TIAA directly (no check was ever sent to me personally).
I have two TIAA 1099-Rs: (1) with box 1 = $450, box 2a = $0, Distr. code = G, IRA/SIMPLE box not checked, (2) with box 1 = $456, box 2a = $0 , Distr. code = G, IRA/SIMPLE box checked.
When I follow Turbotax with entering these 1099-Rs separately, I never get to "Tell us if you moved the money through a rollover or conversion" so that I could indicate the $456 were moved into a 401k. I also see no other option to show that the $450 were rolled over into a traditional IRA. Currently, it looks like I have a $906 income from these two forms, but it's really the same $450-ish bucks that moved from one retirement account to another. How do I enter this correctly?
Thank you!
