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HI James received a 1099R when he changed jobs but rolled the entire amount into his new employers 401k do i need to report it?
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June 5, 2019
11:59 AM
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Retirement tax questions
Yes, you need to include the 1099R.
If its a Code G in Box 7, then the program will automatically know its a rollover and treat is accordingly.
If a different code is in Box 7, you'll have to answer the follow-up questions about what you did with the money, to avoid it being counted as taxable income.
♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪
June 5, 2019
11:59 AM