dmertz
Level 15

Retirement tax questions

The fact that the rollover did not occur until after year-end does not affect how you enter and report the IRA distributions and rollover.  The Form 1099-R for the distributions from the IRA will be for the total of the distributions from the IRA.  Enter the Form 1099-R under Wages & Income -> Retirement Plans and Social Security -> IRA, 401(k), Pension Plan Withdrawals (1099-R), then indicate that the money was moved to another retirement account or returned to the same account, then indicate that part of the money was rolled over, then indicate the amount ($5,000) that was rolled over.

Enter the regular IRA contribution under Deductions & Credits -> Retirement and Investments -> Traditional and Roth IRA Contributions.

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