I have a 1009-R that was received for 2016. Those funds were rolled over into a IRA. Do I need to do any paperwork on this?

[AnnetteB · Accepted solution]

Yes, you need to enter the Form 1099-R into your tax return and answer any follow-up questions to indicate that it was a rollover distribution.  It will be on your return, but not taxable.  Otherwise, the IRS may assume that the full amount is taxable. 

Use the following steps to get started:

• On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)

• This opens a box where you can type in “1099-R” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)

• The search results will give you an option to “Jump to 1099-R”

• Click on the blue “Jump to 1099-R” link