You would report the 1099R's exactly as you received it,
Then you would answer after the 1099R entry that it was rolled into another or same IRA. Then it will not be taxed on the return.
Tax impact will be zero, after both are entered and all questions answered correctly.
To enter pension and annuity
Payments (1099-R)
- Click on Federal Taxes (Personal using Home and
Business)
- Click on Wages and Income (Personal Income using Home
and Business)
- Click on I'll choose what I work on (if shown)
- Scroll down to Retirement Plans and Social Security
- On IRA, 401(k), Pension Plan Withdrawals (1099-R),
click the start or update button
