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457 Direct Rollover from Empower to Vanguard Roth IRA
My husband did a direct rollover from a 457 in Empower to a Vanguard Roth IRA. We have confirmed that the 457 was pre-tax so we should have paid taxes on this amount. We received two 1099-R forms, one from Empower and one from Vanguard. From Empower, the taxable amount was zero and Box #7 distribution code is G. For Vanguard, the taxable amount equals the gross distribution amount from Box #1 and Box #7 distribution code was 7. How can I amend my tax return in Turbotax so we correctly pay the taxes that are due.
‎June 21, 2024
10:06 AM