MinhT1
Employee Tax Expert

Retirement tax questions

A direct rollover from a 401(k) to a Traditional IRA is not taxable.

 

Please enter your form 1099-R in TurboTax, paying attention to the code in box 7 which must be G. Then follow the TurboTax interview and indicate that it is a rollover. TurboTax will exclude the rollover from taxation.

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