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LeticiaF1
Employee Tax Expert

I rolled over from a 401k to an IRA. I don't have a 1099-R. The rollover amount needs to be on the form. Any idea where I put this in Turbotax?

Yes, you should report this and you need to get a Form 1099-R from the 401K plan.  Both VolvoGirl and dmertz are correct because you need to contact the 401k plan to get the Form 1099-R, it is required for you to accurately report this transaction. There are some situations in which the year-end statement would be sufficient, but in your case, since the money was rolled over from a 401k to an IRA you will need Form 1099-R.  

 

When you get your 1099-R, here is how to report it:

 

  1. Open or continue your return.
  2. In the Federal section, select Wages & Income.
  3. Scroll to locate Retirement Plans and Social Security.
  4. Select Start or Revisit next to IRA, 401(k), Pension Plan Withdrawals (1099-R).

You can also find the 1099-R section using Search. Open your return, enter 1099-r in the search bar, and select the Jump to 1099-r link.


Entering it will show the distribution on your return, but it will not be added to your taxable income. 

 

@Roberta444 

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