My experience is a roll over is type of distribution. It would be reported as such to IRS and could be picked up by your Turbo Tax account. It doesn't mean it would be taxable. Typically a direct roll over from one qualified plan to another would not generate tax until withdrawn from the new account. When you walk through Turbo Tax steps for income you will have an opportunity to explain how you directed the roll over (distribution) to another account and did not receive it directly. However, I am not sure how or what you mean it would affect your saver's credit.
