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Level 2

Question

How do I enter information from form 5498

Forum|Forum|5 months ago
March 1, 2026
2 replies
51 views

I rolled over a 401K and a Roth 401K

TurboTax Online

Level 15

You should have received a Form 1099-R for this conversion. You will enter the Form 1099-R in TurboTax:

Click on "Search" on the top right and type “1099-R”
Click on “Jump to 1099-R”
Enter Form 1099-R information and continue.
On the "Did you move this money from a 401(k) to a Roth 401(k)?" screen answer "Yes" (assuming you have Code G in box 7)

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Level 2

Thank you! I thought the transfer was being treated as income but I guess the Box G signified that it was a rollover.

much appreciated!