Last year, I transferred money in my retirement IRA (from TIAA-CREF) directly to another account (Schwab). How do I handle that transaction on my tax return?

[vincecolucci]

....or do I need to?

[AnnetteB6]

You will most likely receive a Form 1099-R from TIAA-CREF reporting that you took a distribution from your retirement IRA.  This Form 1099-R will need to be reported on your tax return.  You should expect to have access to the Form 1099-R or receive it around January 31st.  

If the transfer was direct from one financial institution to another and from one account to another of the same type, then there will not be any tax consequence.  It will simply be reported that there was a non-taxable distribution.  

When you get the Form 1099-R, use the instructions in the TurboTax article below to enter it:

Where do I enter my 1099-R?
 

[dmertz]

A properly executed trustee-to-trustee transfer of an IRA is not reportable and you should not receive any Form 1099-R reporting this transaction.  Only if the IRA was moved by distribution and rollover rather than by a properly executed trustee-to-trustee IRA transfer would it be reportable on your tax return as AnnetteB6  described.