IRA Rollover 401k to IRA

[iloveparis05]

I started a new job in 2018, at which time I transferred my 401k from my old employer to a private Traditional IRA. This year, I received a 1099-R showing the amount that they sent me from my old 401k and form 5498 from my new private Traditional IRA showing the same amount being deposited in my  new account. When using the Turbo tax software, it shows where to put the income received from the 1099R, but then only asks if I transferred the funds to a Roth IRA, which I did not, I transferred them to a Traditional IRA. If I put no, then it assumes the full amount was income to me, which it wasn't. Not sure how I should go about making sure this isn't imputed as income to me in the Turbo Tax software. Any ideas?

[NCperson]

recheck the inputs again, especially BOX 7 and whether or not that little IRA box is checked. 

what code is in Box 7 and is the little SEP / IRA box checked? 

TT should be asking you what you did with the money and the answer is you rolled it to another plan

[dmertz]

A rollover from a 401(k) to a traditional IRA is considered under the law to be income, but nontaxable income.  Entered properly, you should see the gross amount be included on Form 1040 line 4c but see the entire amount excluded from the taxable amount on line 4d.  You should also see the word ROLLOVER next to line 4d.

By answering No to both questions asking if the rollover was to a type of Roth account you are telling TurboTax that the rollover reported on the code G Form 1099-R was to a traditional account.  As long as the code G Form 1099-R does not have a nonzero amount in box 2a that would imply a rollover to a Roth account, you should see no effect of this rollover on your tax return other than inclusion on line 4c and the ROLLOVER notation.