How do i add interest from a 401k retirement account?
All I have is a summary of the retirement account that includes interest and fair market value
011076
1 Best answer
VolvoGirl
Level 15
Jun 3, 2019 12:36:20 PM
You do not enter interest or any transactions like buys/sells or interest/dividends in a 401K or IRA account. You only report distributions and rollovers/conversions to other accounts. You will get a 1099R for those.
1 Replies
VolvoGirl
Level 15
Jun 3, 2019 12:36:20 PM
You do not enter interest or any transactions like buys/sells or interest/dividends in a 401K or IRA account. You only report distributions and rollovers/conversions to other accounts. You will get a 1099R for those.