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panzerbmw
New Member

I have a 1099-R withdrawl, rolled over into another plan

and then I withdrew some funds from the new account. It appears I am being taxed for the original larger amount.  Please advise
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1 Reply
boatsport
New Member

I have a 1099-R withdrawl, rolled over into another plan

I had a similar question but received only incorrect information. I had to finally go to the forms (perhaps it was 1040) and manually enter the roll-over amount. I was told in the answers that "Easy Step" would guide me. Not True. I did find a form to make a manual entry. The Turbo Tax list of forma, choose 1099r and go to page two, line B2. if you put the roll-over amount(from form 5498) on that line your income is then reduced by that amount.

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