Please ensure you entered the rollover correctly in TurboTax. Please follow these instructions to enter your Form 1099-R :
- Click "Personal Income" on the top
- Click "I'll choose what to work on"
- Scroll down and click "Start" next to "IRA, 401(k), Pension Plan (1099-R)"
- Answer "Yes" to the question "Did You Have Any of These Types of Income?"
- Click "I'll Type it Myself"
- Choose "Form 1099-R, Withdrawal of Money from 401(k) Retirement Plans, Pensions, IRAs, etc."
- Click "Continue" and enter the information from your 1099-R
- Answer questions until you get to “What Did You Do With The Money” and choose “I moved it to another retirement account”
- Then choose “I rolled over all of this money to an IRA or other retirement account.”
Please be aware if the rollover was to a Roth IRA from a traditional IRA or 401k then this would be a conversion and the amount converted would be taxable income.
[Edit 3/3/2019 7:04]
