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Retirement tax questions
1) When you rollover a 401k into a traditional IRA, where do you enter the money transferring into your IRA? My IRA worksheet only lists my direct IRA contributions, it does not include the 401k rollovers. If I need to add them, where/how do you do that?
2) I do not see on which form to enter the year-end balances on the IRA worksheet, do you do it directly on the IRA worksheet?
3) Is it really needed to track the year-end balances of traditional IRAs in TurboTax, as all the distributions will be taxable (as they were made with pretax dollars) and show up in 1099-Rs?
‎January 7, 2020
3:27 PM