Yes. You are required to report the 1099-R on your taxes. The IRS already has a copy of it, and if you don't report it you can expect a nasty-gram from the IRS. Enter the 1099-R *EXACTLY* as printed. Then I can not stress enough how *IMPORTANT* it is that you pay close attention to detail on the screens that will follow so that if you rolled it, you're not taxed and/or penalized on it.
