I direct rolled over 401k to traditional IRA. TT only asked if the desitination was Roth 401k or Roth IRA. It does not ask if I rolled over to IRA.

[tc333]

I direct rolled over 401k to traditional IRA. TT only asked if the desitination was Roth 401k or Roth IRA. It does not ask if I rolled over to IRA. When the responses are "no" to the above two questions, does TT automatically assume IRA being the destination?

[MichaelL1 · Accepted solution]

You are correct when it was not rolled over to a Roth 401K or a Roth IRA then this amount went to a Traditional account and is not taxable.

[tc333]

Thanks!!!