To enter this into TurboTax, you must split the Form 1099-R into two, one for the portion rolled over to the Roth IRA and the other for the portion rolled over to the traditional IRA as follows:
For the portion rolled over to the traditional IRA:
- Box 1 = original box 1 amount minus box 5 amount
- Box 2a = 0
- Box 7 = same as original (presumably code G)
Assuming that the code in box 7 is G, in the follow-up indicate that you did not roll this portion of the distribution over to any kind of Roth account.
For the portion rolled over to the Roth IRA:
- Box 1 = original box 5 amount
- Box 2a = 0
- Box 5 = original box 5 amount
- Box 7 = same as original (presumably code G)
In the follow-up, indicate that you rolled this distribution over to a Roth IRA.
Note that the dollar amounts in the boxes of the two Forms 1099-R that you enter will total to the same amount as on the original Form 1099-R.
