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Can I enter info for money I took out of an old 401k (via check) and then cashed into an IRA. I entered the info for me taking $ out and it says I owe pen. But how can I

 
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AlanT
Expert Alumni

Can I enter info for money I took out of an old 401k (via check) and then cashed into an IRA. I entered the info for me taking $ out and it says I owe pen. But how can I

You must enter the transaction as a rollover. 

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