Investment withdrawal that was reinvested in a CD

[montpenn]

I'm preparing my mother-in-laws taxes for the first time.  She's 88 and withdrew 54K from an investment that she then reinvested in CD. She received a 1099 from the firm she withdrew the money from. How do I show the reinvestment in the CD on Turbo Tax so the withdrawal is not considered taxable income?

[DaveF1006]

in order for this not to be investment income, the rollover would need to be deposited into another retirement account such as a Roth IRA. A CD is considered an investment account and not a retirement account thus the distribution is taxable.