I have entered the 1099-R which shows the indirect rollover amount and the monthly payments thereafter. The original (indirect payment) was rolled over within the 60 days into another retirement account. (check plus the taxes withheld.)
Husband received a monthly retirement check.
His employer put all of this on his 1099-R.
When I went through the steps in TT, I put in the 1099 - R. I answered all of the questions noting that part of it was put into a retirement account. I put in the taxable amount. (his monthly payments)
My issue is on 1040 line 5b. It shows Rollover and Taxable amount 0. This is incorrect as I have specified the difference.
Is this an error in the software. Did I miss something?
