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New Member
posted Apr 15, 2025 2:08:32 PM

Can you tell me where I can enter my IRA rollover in TurboTax?

0 4 1042
4 Replies
Level 15
Apr 15, 2025 2:29:31 PM

You should have gotten a Form 1099-R for the distribution from the old IRA. You just enter it in TurboTax like any other 1099-R, and proceed through the questions. If the 1099-R does not show that it was a rollover, after you enter the 1099-R TurboTax will ask you if you rolled it over.


If you did a direct trustee-to-trustee transfer (which technically is not a rollover) they might not have issued a 1099-R. In that case you do not have to enter the rollover on your tax return.

 

Expert Alumni
Apr 15, 2025 2:34:41 PM

Do you have your 1099-R?  If so, enter it and TurboTax will ask you about the rollover when you enter the 1099-R.  Where do I enter a 1099-R?

New Member
Apr 17, 2025 2:17:37 PM

Sorry but your answer is confusing to me.

 

Got a 1099-R from MS which included a $50K amount I had distributed to myself.  I sent it back to MS in less than 60 days but the  original

1099-R does not reflect the "repayment".  The question is where in TT do I enter the $50K repayment.  

Level 15
Apr 17, 2025 5:27:43 PM

@arjordan99 

A 60-day rollover is never shown on the 1099-R. After you enter the 1099-R in TurboTax, proceed through the subsequent questions. It will ask you what you did with the money. If you answer that you returned some or all of the money to the same retirement account, you will be able to either indicate that you rolled over the entire distribution, or enter the amount that you rolled over.