Solved: 1099-R help: My 401k to IRA indirect rollover is showing as income but is not taxable; how do I eliminate that?

1099-R help: My 401k to IRA indirect rollover is showing as income but is not taxable; how do I eliminate that?

Need the correct code to for box 7 in TT

posted

The correct code for direct rollover is G, but yours is an indirect rollover. If you follow these steps below to indicate the rollover in TurboTax, that should take care of it and make in not taxable.

https://ttlc.intuit.com/replies/5397746

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https://ttlc.intuit.com/replies/5397746

I had four direct rollovers and one indirect rollover to my personal IRA this year. Can I still add up to $7000 to my personal IRA and deduct that amount? I’m 50+

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1099-R help: My 401k to IRA indirect rollover is showing as income but is not taxable; how do I eliminate that?

1099-R help: My 401k to IRA indirect rollover is showing as income but is not taxable; how do I eliminate that?

1099-R help: My 401k to IRA indirect rollover is showing as income but is not taxable; how do I eliminate that?

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1099-R help: My 401k to IRA indirect rollover is showing as income but is not taxable; how do I eliminate that?

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1099-R help: My 401k to IRA indirect rollover is showing as income but is not taxable; how do I eliminate that?

1099-R help: My 401k to IRA indirect rollover is showing as income but is not taxable; how do I eliminate that?

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