Carl
Level 15

Retirement tax questions

Most likely you're looking at the summary screen. That screen shows all money moved for any reason, in your name. That doesn't mean it's all taxable money. The summary shows *all* money.  On the 1040 itself you'll see the amount on line 15 or 16. Box a shows the amount, and box b shows the taxable amount. For the direct rollover the taxable amount will show zero in box b on the appropriate line.

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