If you are entering a 1099-R from Company-A, and you are rolling it over to Company-B You should enter the information from the 1099-R exactly as it shows.
Under Federal
- Wages & Income
- Scroll to IRA, 401(k), Pension Plan Withdrawals (1099-R) [Add/Edit]
- Did you get a 1099-R in 2024? [yes]
- If you are adding a 1099-R [+ Add another 1099-R]
- The steps are the same from here
- [Change how I enter my form]
- [Type it Myself]
- If necessary chose a person [Continue]
- Who gave you a 1099-R? Click box [Continue]
- Post the 1099-R
- Be sure to enter box 7 [continue]
- Do you have info in Box 2a or Box 2b? Yes/No
- Is the IRA/SEP/SIMPLE box on this 1099-R checked? Probably not
- Where is your distribution from? Probably None of the above
- This should be a Qualified Plan
- Do any of these situations apply to you?
- How much of the $XX,XXX was an RMD? None of this withdrawal was an RMD
- Tell us if you moved the money through a rollover or conversion I rolled over some or all of it to an IRA or other retirement account within the time limits (normally 60 days)
- Did you roll over all of this $6,000.00 (Box 1) to another retirement account? Yes, I rolled over $6,000.00 to an IRA or other retirement account (or returned it to the same account).
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