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Code H
I did a direct roll over of Roth IRA funds from my 403B to E trade
Got 1099R from 403B company .
Box 7 has code H in it: "Direct roll over into Roth." ----------as this is what I did
Turbo tax then says I owe $7100 in taxes for this.
Box 2 is blank ---NOTHING in it, box 2b is checked " taxable amount not determined" Box 4: '0" for fed tax withheld.
403B company says their 1099 is correct.
Whats the deal? Is this a malfunction in Turbo tax?
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‎February 10, 2025
12:59 PM