1669182
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How to report after tax 401k rollover to roth IRA? I did not receive 1099R. I only got form 5498. How should I report it and convert it to form 8606?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

How to report after tax 401k rollover to roth IRA? I did not receive 1099R. I only got form 5498. How should I report it and convert it to form 8606?

When did the rollover occur?   If in 2019 the 401(k) administrator was required to issue a 1099-R no later then Jan 1, 2020.   Contact the plan administrator for a copy.

 

If this was a regular 401(k) containing before tax money and not a designated Roth, then the conversion to a Roth will be taxable income.

 

A 5498 is information only and does not get reported anywhere.

 

A 401(k) rollover does not require a 8606.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question