To add, yes I received 2 different 1099-r forms for the rollovers I did and I also received a form 5498 from my plan administrator reflecting the sums of both rollovers correctly. The only thing I can come up with is the software is mistakenly reporting the rollovers as distributions made to me instead of rollover and increasing my tax implications. Either that or my 1099-R forms need to be corrected. Surely I can’t be the first person to ever use turbo tax and have to report a direct rollover to a traditional IRA from a qualifying plan.
