I rolled over an old 401k to a new employer 401k in 2018 and received a 1099-R showing a distribution. How do I enter the offsetting contribution?

timmerman18 · ‎June 3, 2019

MinhT · ‎June 3, 2019

You do need to report the "contribution" to the new 401(k) plan. It is a rollover of an existing 401(k) and not a new contribution. You just need to enter the 1099-R in TurboTax and answer the follow-up questions.

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View solution in original post

MinhT · ‎June 3, 2019

You do need to report the "contribution" to the new 401(k) plan. It is a rollover of an existing 401(k) and not a new contribution. You just need to enter the 1099-R in TurboTax and answer the follow-up questions.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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I rolled over an old 401k to a new employer 401k in 2018 and received a 1099-R showing a distribution. How do I enter the offsetting contribution?