When I left my previous job, I rolled money from a profit sharing plan into a traditional IRA. I got a 1099-R at the end of the year and reported that on my tax return. It shows the gross distribution and then $0 as the taxable amount. When I move on to the Deductions & Credits section of Turbo Tax and it asks me the amount that I put into a traditional IRA, do I enter the amount that I rolled over?
You'll need to sign in or create an account to connect with an expert.
No, a rolled over amount is not a contribution.
No, a rolled over amount is not a contribution.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
bethfly
New Member
lllbby
Level 2
rtabbyh
Returning Member
savvyus007
New Member
katmc58
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.