It's a question about retirement savings rollovers & if they count as distribution of funds

[oceanuno]

Question asks if I've any "distributions"of retirement savings funds".  My situation was I took money from one savings business and rolled it over into another one after I got a new job.  Does the transfer of the funds in any way qualify as a "distribution" of the funds?  I received nothing; it was just a transfer.

Taxes are fun.

[RichardG · Accepted solution]

You should have received a Form 1099-R from the retirement account that you took the funds out of.  If you had funds moved from one retirement plan directly to another, the form will reflect that transfer, and there's nothing more to do but enter the information on the form in TurboTax.  If you received the money from the retirement account and then paid it into the new account, you'll need to indicate in TurboTax that you rolled over the funds to a new retirement account.