I rolled one IRA over to another IRA and my 1099-R shows $0 for taxable income and a distribution code G Why is it showing up as income?

pepd1 · ‎April 27, 2020

rjs · ‎April 27, 2020

Where is it showing up as income? Look at the actual tax return form, not the summary screen in TurboTax. On your Form 1040 the total amount of the distribution should be on line 4a, and line 4b should be zero. The income summary screen in TurboTax shows the amount of the distribution, but that doesn't mean it's being treated as taxable income.

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I rolled one IRA over to another IRA and my 1099-R shows $0 for taxable income and a distribution code G Why is it showing up as income?

I rolled one IRA over to another IRA and my 1099-R shows $0 for taxable income and a distribution code G Why is it showing up as income?

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I rolled one IRA over to another IRA and my 1099-R shows $0 for taxable income and a distribution code G Why is it showing up as income?

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I rolled one IRA over to another IRA and my 1099-R shows $0 for taxable income and a distribution code G Why is it showing up as income?

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