Where do I indicate that the IRA withdrawal was a rollover? I checked YES, but the summary still shows an income

[margaretbartley]

An earlier answer said there was a place to fill out where the money was deposited, and I filled that in, but the summary still shows it as income that I have to pay tax on.

[macuser_22]

It will show as income on the summary screen which shows gross income, not taxable income.

The IRS requires reporting all income on a *income* tax return - taxable and not-taxable.

The income will be reported on line 4a(for IRA) or 5a and 4b(for IRA) and 5b on the 1040 form with the word “ROLLOVER” next to it if it was a rollover.

The taxable amount will go on the 1040 line 4b or 5b. In the case of a rollover, that will be zero.

[margaretbartley · Accepted solution]

Thank you.