If the code in box 7 did not already indicate that it was a rollover then you can answer questions in TurboTax that it was a rollover.
You can verify on Form 1040 line 4b (taxable amount) that the amount was excluded from taxable income.
Please be aware that TurboTax shows the whole amount in the Gross Income on the Income summary but you will need to look at Form 1040 line 4b to see what was actual taxable.
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 the actual 1040 and make sure it’s right. For 1099R check 1040 line 4b for any taxable amount. If it was a rollover it should say ROLLOVER by it.
If the code in box 7 did not already indicate that it was a rollover then you can answer questions in TurboTax that it was a rollover.
You can verify on Form 1040 line 4b (taxable amount) that the amount was excluded from taxable income.
Please be aware that TurboTax shows the whole amount in the Gross Income on the Income summary but you will need to look at Form 1040 line 4b to see what was actual taxable.