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New Member
posted Apr 10, 2024 3:42:45 PM

HOW DO I REPORT A TRANSFER FROM A COMPANY PENSION PLAN TO A COMPAY 401k THAT I HAD TO MAKE DUE TO MY RETIREMMENT

TRANSFER OF PENSION PLAN FUNDS TO 401K IS SHOWING UP AS INCOME

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2 Replies
Level 15
Apr 10, 2024 3:46:41 PM

Look at line 5b of your 1040. The program in some areas shows income as opposed to taxable income. 

Level 15
Apr 10, 2024 3:51:17 PM

Did you get a 1099R for it?  What code is in box 7?  Why did you HAVE to transfer it to the 401k plan?  That sounds odd.