He should have received only one form 1099-R for the withdrawal. A form 1099-R is not issued when he put back money for the rollover.
It is normal that the amount in box 2 is equal to box 1, as the custodian did not know whether your husband is going to rollover part of the amount.
The rollover must be entered in TurboTax so that the amount can be exempted from taxation.
In TurboTax Online, enter your form 1099-R by following these steps:
- Open your tax return
- Click on Federal in the left-hand column, then on Wages & Income
- Navigate to the list of income categories
- Locate the section Retirement Plans and Social Security and click on the arrow on the right
- Click Start next to IRAs, 401(k), Pension Plan Withdrawals (1099-R).
- Enter your form 1099-R and follow the interview
- When you arrive to the page Tell us if you moved the money through a rollover or conversion, click on the radio button I rolled over some or all of it to an IRA or other retirement account within the time limits (normally 60 days)
- Enter the amount of the rollover.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
