SteamTrain
Level 15
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Retirement tax questions

@jkuplinsky 

 

Did Box 7 contain a code G?

IF so, once you say no to the ROTH questions, the software doesn't ask about rolling to a regular IRA, because it already knows. 

 

A "G" in box 7 is a direct transfer to another retirement account, once you ruled out the ROTH selections, then it knows that a traditional account is all that is left...could be an IRA, or a 401k, or a 403b, TSP... (but not sure about whether it is allowed to a 457).....beyond the ROTHs, you don't need to specify as long as it didn't go to any ROTH accounts.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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