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I received 2 form 1099-R but entering it here as reported is resulting in $5k of the income being counted twice.

We took $22k gross distribution rolled over into Roth IRA, and then withdrew $5k from that fully taxable.  Entering it into TurboTax from both 1099 forms is resulting in $27k being reported and we never had $27k.  How can I fix this so it shows what actually happened?
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I received 2 form 1099-R but entering it here as reported is resulting in $5k of the income being counted twice.

It will show as income on the summary screen which shows gross income, not taxable income.

The income will be reported on line 15a or 16a on the 1040 form (depending on the type of account) with the word “ROLLOVER” next to it if it was a rollover.

The taxable amount will go on line 15b or 16b.  In the case of a rollover, that amount will be zero.

lines 11a/b and 12a/b if 1040A form

**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.**

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I received 2 form 1099-R but entering it here as reported is resulting in $5k of the income being counted twice.

It will show as income on the summary screen which shows gross income, not taxable income.

The income will be reported on line 15a or 16a on the 1040 form (depending on the type of account) with the word “ROLLOVER” next to it if it was a rollover.

The taxable amount will go on line 15b or 16b.  In the case of a rollover, that amount will be zero.

lines 11a/b and 12a/b if 1040A form

**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.**

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