Hi, My wife received her 401 (k) Profit sharing from her previous employer. She rolled into a Roth IRA. Where do I enter this information?

[Apollo_39]

I entered the informatiomn from her current company

[HelenaC · Accepted solution]

When you state that you entered the information from her current company, do you mean her W-2 Box 12 Code D or do you mean the 1099-R that she received for the 401(k) distribution?

The rollover of your 401(k) to a Roth IRA, will be taxable on your income tax return.

To enter form 1099-R and designate the rollover into a Roth IRA:

• Type 1099-r in the search box and click search.
• Click on Jump to 1099-r.
• At the choose your bank or brokerage screen, click on I'll type it in myself.
• Enter your 1099-R form exactly as shown. If the form has Box 7 with code G, Rollover, TurboTax will automatically enter it as a Rollover on your income tax form.
• On the Rollover of 401(k) to Roth 401(k) screen, click No, this money didn't roll over to a designated Roth 401(k) or 403(b) account.
• On the Was this Money Rolled Over to a Roth IRA? screen, click Yes. See the screenshot below.
• Continue with the onscreen interview.
• If you form does not have Box 7 with code G, Rollover, on the What Did You Do With The Money From This Payer? screen, click on moved the money....  and converted all the this money to a Roth IRA account. See the screenshot below. 
• Continue with on onscreen instructions.