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How do you show your RMD as a rollover?

 
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2 Replies

How do you show your RMD as a rollover?

Hey, you are not allowed to rollover your RMD.

 

@grcr2017taxes 

DanaB27
Expert Alumni

How do you show your RMD as a rollover?

Please be aware, that you cannot rollover your RMD. You can only rollover any excess you took (if you took more than your RMD). If you took more than your RMD then please see these instructions:

 

  1. Login to your TurboTax Account 
  2. Click on "Search" on the top right and type “1099-R”
  3. Click on “Jump to 1099-R” and enter your 1099-R
  4. Continue until "How much of the $XXXXX was a RMD?" screen and select "Only part of this distribution was a RMD" and enter the amount of RMD.
  5. Continue "Tell us if you moved the money through a rollover or conversion" and select "I rolled over some or all of it to an IRA or other retirement account within the time limits (normally 60 days)"
  6. Continue answering the questions.
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