Does rolling over an employer sponsored retirement plan to a new IRA constitute a "contribution to a traditional IRA"?

posted

Connect with an expert

1 Best answer

Accepted Solutions

Intuit Approved!

Does rolling over an employer sponsored retirement plan to a new IRA constitute a "contribution to a traditional IRA"?

No. Just enter the 1099R. Do not enter it again under Deductions & Credits. It is not a new contribution.

View solution in original post

1 Reply

Intuit Approved!

Does rolling over an employer sponsored retirement plan to a new IRA constitute a "contribution to a traditional IRA"?

No. Just enter the 1099R. Do not enter it again under Deductions & Credits. It is not a new contribution.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post