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 my gross distribution amount in Box 1 on my 1099-R with distribution code G (rollover) supposed to show up as income on the "Your Income" work page?

 
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.

1 Best answer

Accepted Solutions

Is my gross distribution amount in Box 1 on my 1099-R with distribution code G (rollover) supposed to show up as income on the "Your Income" work page?

Yes.  If you are looking at a summary screen or review screen those show the full amount as income and lump a lot of stuff together. You need to check your return and make sure it's right. 

For 1099R check the actual 1040 line 4b for any taxable amount.  If it was a rollover it should say ROLLOVER by the "b" line. 

View solution in original post

1 Reply

Is my gross distribution amount in Box 1 on my 1099-R with distribution code G (rollover) supposed to show up as income on the "Your Income" work page?

Yes.  If you are looking at a summary screen or review screen those show the full amount as income and lump a lot of stuff together. You need to check your return and make sure it's right. 

For 1099R check the actual 1040 line 4b for any taxable amount.  If it was a rollover it should say ROLLOVER by the "b" line. 

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