KenH1
New Member

Retirement tax questions

Rollovers are 100% tax-free, unless you converted to a Roth in the process.  

You should have received a 1099-R. Enter it exactly as printed, including box 7. Go to:

Federal Taxes (top menu)

Click Income & Expenses (just below top menu)

Scroll down to Retirement Plans and Social Security and click Show More (if necessary)

Enter the 1099-R form.  Hopefully the code is G (direct rollover).  If not, take these additional steps:

At the What Did You Do with The Money screen indicate that I moved the money to an IRA or another retirement account and then select rolled over.

There should be no impact on your taxes.

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