None of the replies I received were totally correct was partially correct. It is never appropriate to modify a 1099-R and there is no place on it to indicate a redeposit. After spending 45 mnutes on the phone with a Turbotax "tax expert," I received an incorrect answer. Subsequent conversations with the brokerage firm and the IRS (amazingly, I did get through to them on the phone) and then another call to Turbotax provided the correct answer. The only way in Turbotax to report the rollover and have it appear on the 1099-R summary without using an override is to enter the 1099-R information via Step-By-Step. Incidentally, using an override will put the amount in the right place but you won't be able to file electronically.
BFB
