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New Member
posted Jun 3, 2019 1:51:53 PM

Should a rollover contribution be entered (Trad. IRA)

0 5 639
5 Replies
New Member
Jun 3, 2019 1:51:55 PM

Yes, you should enter any 1099-R, even if it was a non-taxable rollover. 

New Member
Jun 3, 2019 1:51:56 PM

fixed typo

Level 15
Jun 3, 2019 1:51:57 PM

And it is not entered as a new contribution.

New Member
Jun 3, 2019 1:51:58 PM

It's on form 5498?

Level 15
Jun 3, 2019 1:51:59 PM

That just means it has been added to your account. A rollover is not a new contribution. You already contributed it some time ago.