I started a traditional IRA to rollover a state retirement fund when I moved states. Do I have to claim this if I made no other contributions?

I also ensured all of the taxes were done before the rollover from the state retirement plan.

posted

The rollover from your retirement plan to your Traditional IRA account is not taxable.

However, you will receive a tax form 1099-R from your retirement. You have to enter this form 1099-R in TurboTax. This form should not result in any additional tax.

You can enter your form 1099-R by following the instructions in this TurboTax Help article.

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I contributed $6800 to my traditional IRA in '24. My IRA issuer says the 5498 is no longer filed. Where can I attach an account statement with my yearly contributions?

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I started a traditional IRA to rollover a state retirement fund when I moved states. Do I have to claim this if I made no other contributions?