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Retirement tax questions
Yes, this is a rollover. A plan administrator is required to issue a 1099-R for a rollover from a 401(k) to a traditional IRA or a Roth IRA. Report the 1099-R on your tax return using the codes in Box 7, which will allow TurboTax to indicate the rollover and note it on your tax return as indicated by dmertz.
A rollover from a traditional IRA to a traditional IRA or a Roth IRA rollover over to another Roth IRA would not require a plan administrator to issue Form 1099-R.
[Edited: 02/08/2025 | 8:17 AM PST]
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‎February 8, 2025
7:13 AM