dmertz
Level 15

Retirement tax questions

Forms 1099-R are issued by the financial institution that makes the distribution, not the financial institution that receives the rollover.

 

The code-G Form 1099-R is required to be entered into TurboTax.  Because the rollover went to a Roth IRA, the code-G Form 1099-R should have amounts in boxes 2a and 5 that total to the amount shown in box 1, otherwise the form is reporting a direct rollover to a traditional IRA.