mfenske17363
Returning Member

Retirement tax questions

OK, I think I understand.  The funds were distributed into a non-qualified brokerage account (not an IRA). 

 

To be clear, when asked "Did you rollover all of this ... (Box 1) to another retirement account?" I should select "I did something else".

 

This way, the taxable amount gets carried forward to the 1040 and I can proceed on.

 

Did I get that right?

 

Thanks!