Re: 401K from my old Company account rolled over to IRA rollover account in Fidelity. Should I report this money transfer in my 2020 tax return? If yes, how should I do it?

401K from my old Company account rolled over to IRA rollover account in Fidelity. Should I report this money transfer in my 2020 tax return? If yes, how should I do it?

Did you transfer it in 2020? You probably should have a 1099R for it. Was it a direct trustee to trustee transfer and you didn't get a check or touch the money?

401K from my old Company account rolled over to IRA rollover account in Fidelity. Should I report this money transfer in my 2020 tax return? If yes, how should I do it?

@VolvoGirl

Yes, I received 1099R.

Yes, it was a direct trustee to trustee transfer and I didn't get a check or touch the money.

401K from my old Company account rolled over to IRA rollover account in Fidelity. Should I report this money transfer in my 2020 tax return? If yes, how should I do it?

You have to enter the 1099R. What is the code in box 7? Is it a G?

Enter a 1099R under

Federal Taxes Tab or Personal (Home & Business)

Wages & Income at the top

Then scroll way down to Retirement Plans and Social Security,

Then IRA, 401(k), Pension Plans (1099R) - click Start or Revisit

If you are filing a Joint return be sure to pick which person it is for.

401K from my old Company account rolled over to IRA rollover account in Fidelity. Should I report this money transfer in my 2020 tax return? If yes, how should I do it?

@VolvoGirl Yes, it is a G.

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

401K from my old Company account rolled over to IRA rollover account in Fidelity. Should I report this money transfer in my 2020 tax return? If yes, how should I do it?

401K from my old Company account rolled over to IRA rollover account in Fidelity. Should I report this money transfer in my 2020 tax return? If yes, how should I do it?

401K from my old Company account rolled over to IRA rollover account in Fidelity. Should I report this money transfer in my 2020 tax return? If yes, how should I do it?

401K from my old Company account rolled over to IRA rollover account in Fidelity. Should I report this money transfer in my 2020 tax return? If yes, how should I do it?

401K from my old Company account rolled over to IRA rollover account in Fidelity. Should I report this money transfer in my 2020 tax return? If yes, how should I do it?

Get more help

Do you have a TurboTax Online account?

401K from my old Company account rolled over to IRA rollover account in Fidelity. Should I report this money transfer in my 2020 tax return? If yes, how should I do it?

Do you have an Intuit account?

401K from my old Company account rolled over to IRA rollover account in Fidelity. Should I report this money transfer in my 2020 tax return? If yes, how should I do it?

401K from my old Company account rolled over to IRA rollover account in Fidelity. Should I report this money transfer in my 2020 tax return? If yes, how should I do it?

401K from my old Company account rolled over to IRA rollover account in Fidelity. Should I report this money transfer in my 2020 tax return? If yes, how should I do it?

401K from my old Company account rolled over to IRA rollover account in Fidelity. Should I report this money transfer in my 2020 tax return? If yes, how should I do it?

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert