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Retirement tax questions
@ekucz wrote:
I never get the question in Turbo where it asks if I rolled it over. This is on the IRA that is marked with G.
I do get the first question asking if I went from IRA to Roth. I said NO .
But that 2nd part doesn't come up on the next screen.
Since your Form 1099-R had a code of G in box 7 and this was from an IRA, the question for what you did with the money will not be asked.
On your Form 1040 Lin 4a the amount of the distribution will be entered. On Line 4b there will be the word ROLLOVER entered and there will be a 0 entered for the taxable amount.
‎February 28, 2024
6:54 AM
790 Views