401k rollover to the same plan administrator

Last year I rolled over my previous employer's 401k saving to the new 401k account. Both are managed by the same administrator/ADP.

I did get a 1099-R which shows a distribution of these funds.

When I enter these in Turbo Tax, it only asks me if this was a rolled over to a Roth 401k or 403b account which it was not. And it was also not rolled over to a Roth IRA.

Then it goes on to ask me if this was a withdrawal which it wasn't.

It sounds like this is treated as a distribution. Where do I enter that it wasn't?

397

Level 15

Apr 9, 2023 4:25:50 PM

Yes, it's a distribution called a direct rollover and you have entered it correctly. This is income that must be reported on Form 1040 line 5a but the $0 in box 2a indicates is entirely excluded from the taxable amount on line 5b and has no effect on the rest of your tax return.

Why sign in to the Community?

401k rollover to the same plan administrator