I roll over my 401K to an IRA account but I received a 1099R, where do I'am going to report in my taxes?
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You need to report in the IRA, 401K,Pension Income section of TurboTax under Income & Expenses. Box 7 of your 1099R should have a code G to indicate a rollover. If you rolled the entire balance, none will be taxable to you. After you have logged in and are in your return in TurboTax Online:
At the financial services screens, click "Change how I enter my form" then "Type it myself"
Hi - I have distribution from a 401K to IRA, and the 1099-R box 7 shows G. TurboTax is looking as though I getting taxed (my Fed Tax Due jumped substantially!!!)
If you continue through the interview you will come to one of two questions
This is where you resolve that you rolled it into the new IRA.
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