After completing my income, turbotax still shows the 401k rollover as taxable income, even though code G is entered in box 7, and it is marked NO, not moved to Roth account. When/how does this change to nontaxable?

[AnnetteB6]

Go back through the Form 1099-R section for that distribution and carefully answer the follow-up questions.  Be sure that you did not indicate that it was rolled into a Roth 401k or Roth IRA.  Either of these options would make it a taxable event.

[rikdec19-2]

I went back through it 4 times.  Each time I verified it is not rolled into a Roth account.

Still shows up as taxable income

[dkrich]

I have the same problem.  Leaving me owing a gteat deal of taxes.  I also went through it several times and it still shows in the income total, but the money went to another IRA account.

[FangxiaL]

Check to see if you accidentally checked the box "Yes, I moved the money to a Roth 401(k), 401(b), or 457(b) plan to a designated Roth 401(k), 403(b), or 457(b) plan." 

@dkrich

[rikdec19-2]

I think it resolved the issue by completing the deductions sections.  Then it showed up as nontaxable.