Form to report a rollover of a Roth IRA to Roth IRA with another company

[ellenreid82]

Will the company I roll the Roth IRA away from provide a form to report the rollover to the other Roth IRA?

[dmertz · Accepted solution]

If the Roth IRA was moved trustee-to-trustee, it is not a reportable transfer because it is neither a distribution nor a rollover.  However, if you receive a Form 1099-R, the Roth IRA custodian has reported it as a distribution made to you and you subsequently rolled over the distribution, so it must be reported.

[MichaelL1]

You will enter the 1099R to account for it, and if it is a Roth to a Roth, then it will not be taxed.

Enter the 1099R as follows:

 To enter pension and annuity Payments (1099-R)

• Click on Federal Taxes 
• Click on Wages and Income 
• Click on I'll choose what I work on (if shown)
• Scroll down to Retirement Plans and Social Security
• On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button
• Then carefully answer the questions.

[snickers2020]

neither accounts are Roth, now what 

[MichelleLO]

You are commenting on an old thread. Can you please post a specific question so that we can better assist you?

Also, you may want to consider starting a new thread for your question so that you get the most recent and accurate advice from the Community. 

@snickers2020