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bdipaola7
New Member

After my RMD my 401K balance was $122,7096.98 which I rolled over to a new 401K with Stearns Bank. Where do I show this rollover?

 
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2 Replies

After my RMD my 401K balance was $122,7096.98 which I rolled over to a new 401K with Stearns Bank. Where do I show this rollover?

you should have received a 1099-R from from the administrator; just key that form in.

DanaB27
Employee Tax Expert

After my RMD my 401K balance was $122,7096.98 which I rolled over to a new 401K with Stearns Bank. Where do I show this rollover?

You should have received a 1099-R for the rollover. Please enter this 1099-R and TurboTax will ask you questions about the rollover depending on the code in box 7.

 

Please follow these instructions to enter your Form 1099-R :

  1. Login to your TurboTax Account 
  2. Click "Federal" from the left side of your screen
  3. Scroll down and click "Start or Edit/Add" next to "IRA, 401(k), Pension Plan Withdrawals (1099-R)
  4. Answer "Yes" to the question "Did You Have Any of These Types of Income?"
  5. Click "I'll Type it Myself"
  6. Choose "Form 1099-R, Withdrawal of Money from 401(k) Retirement Plans, Pensions, IRAs, etc."
  7. Click "Continue"
  8. Enter your Form 1099-R

 

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