dmertz
Level 15

Retirement tax questions

Do not enter this anywhere under Deductions & Credits.  Go back an remove any entry that you made for this as new Roth IRA contribution.

To report a rollover, enter the Form 1099-R that you received for the ESOP payout.  If the Form 1099-R has code G in box 7, indicate that you moved the money to a Roth IRA account.  If the Form 1099-R instead has code 1, 2 or 7 in box 7, simply indicate the follow-up simply indicate that you moved the money to another retirement account and that you converted all of it to a Roth IRA.

View solution in original post