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Jeanne3
New Member

IRA rollover

I rolled over a IRA in 2019.    The bank sent me my total money and sent me a 1099R form for the full amount.    I deposited that total amount in another bank within the 60 day period.   I had to report the full amount as a 1099R distribution but how do I report it on my income tax form (using Turbo tax) that I rolled the money over to another financial institution?

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1 Reply
MinhT1
Expert Alumni

IRA rollover

When you enter your form 1099-R, in TurboTax, there is an interview which follows. 

 

You will arrive at a screen asking you: What did you do with the money? You should check the box saying that you rolled over all of this money to a Traditional IRA (see screenshot).

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