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Retirement tax questions
The refund counter in TurboTax has a lot going on there and is not accurate until it has all of the information entered. It could be something else that has made it make that change in your refund counter that didn't get calculated until after you finished entering the 109-R.
That said, the first thing to make sure is that the code on your 1099-R in box 7 is a G for a non-taxable rollover and that the amount in box 2 is zero. If either of these is not the case then the rollover may be considered partially taxable.
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‎February 17, 2024
9:28 AM