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When I entered 1099R , I was asked "Did you move the money to a Roth IRA?" I moved partial of the fund to a Roth IRA, if I say yes, it counts all taxable.

If I say no, all is not taxed. Even though 2a has a taxable amount.
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dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

When I entered 1099R , I was asked "Did you move the money to a Roth IRA?" I moved partial of the fund to a Roth IRA, if I say yes, it counts all taxable.

To accommodate TurboTax, you must split the Form 1099-R into two, one for the portion rolled over to the Roth IRA and the other for the portion that you presumably rolled over to a traditional IRA.  Any after-tax amount shown in box 5 is to be allocated first to the split form for the rollover to the Roth IRA and then, if any remains to the other form.

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3 Replies

When I entered 1099R , I was asked "Did you move the money to a Roth IRA?" I moved partial of the fund to a Roth IRA, if I say yes, it counts all taxable.

What did you do with the other part?  You may need to split up the 1099R and enter two 1099R for it.  What code is in box 7?  

When I entered 1099R , I was asked "Did you move the money to a Roth IRA?" I moved partial of the fund to a Roth IRA, if I say yes, it counts all taxable.

Taxable part was rolled over to a Roth IRA, non taxable part was rolled over to a traditional IRA. The distribution code is G.

dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

When I entered 1099R , I was asked "Did you move the money to a Roth IRA?" I moved partial of the fund to a Roth IRA, if I say yes, it counts all taxable.

To accommodate TurboTax, you must split the Form 1099-R into two, one for the portion rolled over to the Roth IRA and the other for the portion that you presumably rolled over to a traditional IRA.  Any after-tax amount shown in box 5 is to be allocated first to the split form for the rollover to the Roth IRA and then, if any remains to the other form.

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