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Level 2
posted Apr 14, 2024 4:35:18 PM

Form 1099-R for moving after tax money to Roth IRA account: What do I select for "Is this 1099-R reporting a rollover of funds from a 401(k) to designated 401(k) plan?"

I am using Turbo Tax desktop version. I need to amend 2022 year tax return for corrected 1099-R form I received.

0 2 6342
2 Replies
Expert Alumni
Apr 14, 2024 4:40:28 PM

You will use the following answers to indicate that you moved funds to a Roth IRA:

 

  1. On the "Did you move this money from a 401(k) to a Roth 401(k)?" screen answer "No"
  2. On the "Did you move the money to a Roth IRA?" screen answer "Yes"

Level 2
Apr 14, 2024 10:40:27 PM

Thank you !