turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

457(b) rolled into an IRA but NOT a Roth IRA.

I have a 1099-R  from a 457(b) account that was rolled into a regular IRA after I retired.

The instructions ask if it was a Roth IRA but not if it was a regular IRA.

How do I answer?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
KrisD15
Expert Alumni

457(b) rolled into an IRA but NOT a Roth IRA.

Answer "No, this money wasn't rolled over to a Roth IRA account."

 

You are able to have rolled it into a regular IRA, the program asks if it was rolled into a Roth because then the program would need additional information. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
dmertz
Level 15

457(b) rolled into an IRA but NOT a Roth IRA.

For a code-G Form 1099-R, when you answer No to the questions that ask if the distribution was rolled over to some kind of Roth account, TurboTax automatically treats the distribution as a rollover to a traditional IRA or to a traditional account in an employer plan without any need to make that explicit.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies