I received a lump some VPP check and rolled it over into an IRA. TT has this as additional income. Is this taxable added income?

I am 60 years old and retired 11/1/20. I rolled this money over withing 30 days of receiving it.

279

Level 15

Apr 2, 2021 11:57:18 AM

Exactly what is a VPP (a Voluntary Pension Plan maybe?), and did you roll it to a Traditional ITSA? What is the distribution code on the 1099-R?