Yes you should enter both 1099-R's.
Post the first one for the rollover from the company you left
Log into TurboTax
- Under Federal
- Select Wages & Income
- Scroll to and select IRA, 401(k), Pension Plan Withdrawals (1099-R)
- Now Edit the entry you've already posted
- Continue the interview to
- Where is your distribution from?
- None of the above
- What kind of retirement plan do you have ...?
- Qualified plan (most common)
- Do any of these situations apply to you?
- None of these apply
- How much of the $XX,XXX was a RMD?
- None of this withdrawal was an RMD
- Tell us if you moved the money through a rollover or conversion
- I rolled over some or all of it to an IRA or other retirement account within the time limits (normally 60 days)
Post the second one as a distribution
You can check tout tax return
From the left sidebar
- Select Tax tools
- Hint: You may have to minimize the Federal and State selections
- Click Tools
- A Menu will pop up
- Select View tax summary
- On the left panel click Preview my 1040
Some Key numbers:
- 11 Adjusted Gross Income
- 12 Deductions
- 15 Taxable income
- 16 Tax
- 4a & 5a Pensions and IRAs
- 4b & 5b Taxable amount
- 33 Withholdings
- 34 Refund
- 37 Amount you owe
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