Where do I enter information from a year-end statement on Turbo tax?

[Michman]

I received a 5498 because I retired and moved my 401K to a traditional IRA.  I also received a year-end consolidated statement, which according to Turbo tax should be reported to the IRS.  I did not receive a 1099R.  I don't know where to enter the information from the year-end statement on Turbo tax.

[BillM223]

Was the 1099-R included in the consolidated statement?

Was this a trustee to trustee transfer? 

Note that you do not normally report information from a 5498 to TurboTax.

[VolvoGirl]

What is the year end statement from?  Your 401K or the IRA account?  Or personal investments outside of the 401K and IRA?  Is it a consolidated 1099 tax statement? 

If you have a consolidated tax statement. That will have sections for 1099-Int and 1099-Div and 1099B and maybe some other 1099s.  You need to enter each section in the right place.  So read it carefully and look for headings.... 1099-INT for interest or 1099-DIV for Dividends or 1099B for sales.  I highlight each heading with a yellow highlighter to find them.

If you have any 1099B for investment sales you will need to use the Online Premium version.  Or any Desktop CD/Download program.

I think the 1099R has to be a separate form and not part of the consolidated statement.  If it was a direct trustee to trustee transfer you might not get a 1099R and you don't have to report it.  If you can log into your old 401K account  you might be able to download a copy of the 1099R.  A lot of places have them posted online.  

[Michman]

Thanks for answering.  No, I did not receive a 1099R.  The funds stayed with the investment company but was under a 401K while I was working but was transferred to a traditional IRA. when I retired.  The entire amount was transferred to the IRA.

[Michman]

Thanks for answering.  The year-end statement is from the investment company.  My 401K was there when I worked but when I retired, it was transferred to a traditional IRA with the same company.  All I received was the YE consolidated statement for the IRA and the 5498.