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Pension rollover
Similar to many, I had a pension that was two tiered: the company pension that was directly rolled over to rollover IRA and a voluntary pension that I contributed to with after tax money that I rolled over to Roth IRA. I received 1099-R and I entered in TurboTax. Later, I came across retirement contributions section in TurboTax. If I enter my amount rolled over to Rollover IRA, I am penalized for amount exceeding 7000$. When I enter Roth IRA amount that I transfered from my voluntary pension, I was penalized because my income is high. Can you please help? Thanks in advance.
‎February 17, 2020
3:25 PM