I retired in 2018 and rolled my 401K into a qualified IRA. In Turbo Tax how do I keep the 401K rollover amount from showing as income, if I rolled into a qualified IRA?
You'll need to sign in or create an account to connect with an expert.
If you enter your 1099-R for the rollover properly in TurboTax, it will not be taxed.
In the income summary, TurboTax will list the rollover in Gross income, but it will not be taxed.
If you enter your 1099-R for the rollover properly in TurboTax, it will not be taxed.
In the income summary, TurboTax will list the rollover in Gross income, but it will not be taxed.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Richard137
New Member
hmharvey0312-gma
New Member
MojoMom777
Level 3
Tax1997
New Member
jpawlicki
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.