I had a roth rolloever from one roth account to another. However, the entire amount isbeing added as income??

I need t talk to a person from INTUIT

posted

Connect with an expert

2 Replies

I had a roth rolloever from one roth account to another. However, the entire amount isbeing added as income??

what is the code in Box 7 of the 1099-R?

I had a roth rolloever from one roth account to another. However, the entire amount isbeing added as income??

The tax code considers such rollovers to be nontaxable income. It is required to be included on line 4a of Form 1040 but, if entered properly, will be excluded from taxable income on line 4b with the ROLLOVER notation.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Expert does your taxes

Do it yourself

Resources

Support

I had a roth rolloever from one roth account to another. However, the entire amount isbeing added as income??

I had a roth rolloever from one roth account to another. However, the entire amount isbeing added as income??

I had a roth rolloever from one roth account to another. However, the entire amount isbeing added as income??

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

I had a roth rolloever from one roth account to another. However, the entire amount isbeing added as income??

Do you have an Intuit account?

I had a roth rolloever from one roth account to another. However, the entire amount isbeing added as income??

I had a roth rolloever from one roth account to another. However, the entire amount isbeing added as income??

Unlock tailored help options in your account.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert