This is a direct rollover from the 403(b) to the inherited IRA. Yes, it is reportable on your tax return, but TurboTax will treat it as nontaxable since the amount inbox 2a is zero. In the follow-up to entering this form, be sure to indicate that it was not rolled over to any type of Roth account. The gross amount will be included on Form 1040 line 16 a or Form 1040A line 12a but none of it will be included on line 16b or 12b. TurboTax will also include the work ROLLOVER next to the line.
