dmertz
Level 15

Retirement tax questions

TurboTax does not directly handle this situation.  To report this using TurboTax you must split the Form 1099-R into two, one for the portion rolled over to the Roth IRA and the other for the portion rolled over to the traditional IRA, with the boxes on the split forms totaling the amounts shown in the corresponding box of the original.  The box 5 amount will be included only on the one for the rollover to the Roth IRA.

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