Retirement tax questions

As noted by @ dmertz with respect to a Form 1099-R reporting distributions split between a rollover to a traditional IRA and a rollover to a Roth IRA, you can split the Form 1099-R into two, one for the portion rolled over to the Roth IRA showing the after-tax portion distributed from the employer plan and the second one for the-pre-tax portion rolled over to the traditional IRA.

To enter the two separate 1099-Rs in TurboTax, sign into your TurboTax account and follow the steps below to enter each 1099-R separately:

1. Sign into TurboTax and go to the income tab
2. Click on  1099-R 
3. Enter the First 1099-R:
   1. Answer "Yes" to "Did you get a 1099-R in 2024?" and click "Continue.
   2. Click on the Type of 1099r"
   3. Choose how you want to enter your 1099-R (select manually)
   4. Enter the details for the portion rolled over to the Roth IRA, including the after-tax portion distributed from the employer plan.
   5. Enter the Second 1099-R:
      1. After completing the first 1099-R, click "Add another 1099-R."
      2. Enter the details for the portion rolled over to the traditional IRA, including the pre-tax portion.

[Edited 03/10/2025|05:41 pm PST] @tsimard