MooreCE
New Member

457 Roth

I completed a direct rollover from a designated roth 457 account to an individual Roth IRA in 2023.  This should result in a non-taxable distribution.  On the 1099-R that I received:  Box 2a, Taxable Amount, was blank;  Box 2b Taxable Amount not Determined was checked;  and  Box 7, the code H is entered, which I believe means "Direct Rollover of a designated Roth account to a Roth IRA."

This distribution should have a zero taxable amount, but Turbo Tax is determining that the entire distribution is taxable.  Is there a fix, or do I just have to override the Turbo Tax calculations directly on the 1040?