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posted Apr 7, 2025 8:03:39 AM

One of my forms 1099-R is a gross distribution from an insurance company that has been rolled over to another insurance company, what form(s)/info should I need?

How are gross distributions from one insurance company to another insurance company reported?

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1 Replies
Expert Alumni
Apr 7, 2025 8:28:59 AM

You enter the information on your 1099-R.  If the Box 7 has a rollover code, TurboTax will report it.  You must continue to the questions after the entry, if the 1099-R is not coded with a rollover code, you will see a question that asks what you did with the money- you can indicate you rolled it over to another retirement account.