Is a transfer from 401k to Traditional IRA considered a contribution?

[mrschrewe]

I changed jobs and closed my former employer-sponsored 401k and put that money directly into a Traditional IRA. I'm trying to input this correctly into TT IRA questions, but it's making it seem like I owe ~$10k in taxes

[VolvoGirl]

No it is NOT a contribution.  Only enter it from the 1099R.  Delete it from deductions.    Did they send you a check for the 401k?  You had 60  days to roll it over to the IRA or it is a taxable distribution.  What code is in box 7 on the 1099R?  

[mrschrewe]

Thanks so much for the help.   I did not get a check or a 1099R.   My bank just moved it from my old 401k to their Trad IRA.  

By the way, I love old Volvos!

[VolvoGirl]

Then you don’t enter anything about it on your tax return.   Nowhere.

[NCperson]

@mrschrewe unless you receive a form, do not enter anything.

But you should receive a rollover form with a Code G in Box 7.  It needs to be reported but is not taxable. Contact your administrator.