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Traditional IRA roll-over to trad IRA
I received and entered a 1099-R for a traditional IRA roll-over to another traditional IRA. When the 1099-R is entered I am only asked "Was this money rolled-over to a Roth IRA", so I answer "No"; then I am asked "Did I put this money in a HSA" and again I answer "no"; because neither happened.
I am never asked if I rolled-over the distribution to another "Traditional IRA" thus I am seeing an additional amount of income equal to the IRA distribution. Which should not be. In my 1099-R Line 7 shows "G" for "Direct Roll-over and Roll-over contribution".
March 8, 2020
6:42 PM