turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Is it considered a contribution to an IRA when the money was transferred to my IRA from my ex-husbands IRA

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
DianeW777
Expert Alumni

Is it considered a contribution to an IRA when the money was transferred to my IRA from my ex-husbands IRA

No, it is not a new contribution for you. This would simply be a rollover from your ex-husbands IRS to your IRA. The Form 1099-R, if you have one, should be coded as a rollover or you can make that selection when asked. 

 

A rollover must be completed either in a Trustee-to-Trustee transfer, in which case a 1099-R may not be issued; OR it came through your hands and was required to be put into your IRA within 60 days. The latter would trigger a Form 1099-R.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
dmertz
Level 15

Is it considered a contribution to an IRA when the money was transferred to my IRA from my ex-husbands IRA

It's a nonreportable transfer, not a rollover.  (A transfer of an IRA is not a rollover.)  Nothing about the transfer is reportable on your tax return.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question