In 2018 did an IRA direct transfer, received 1099-R. When I enter info, it increases AGI (and tax due). Seems like I shouldn't get taxed on this rollover? Box 2a is $0.

[dmertz]

What is the code in box 7 of the Form 1099-R provided by the payer?
Is the IRA/SEP/SIMPLE box marked?
Is any amount shown in box 5 or box 6?
Are you actually seeing this income appear on Form 1040 line 4b?

[elbutax]

Code G (Also had an IRA Roth direct transfer, code BG). Box not marked on either form. On IRA form, nothing in box 5/6. On IRA Roth form there is an amount in box 5. On 1040, line 4b is $0. However, combined amount from IRA/IRA Roth is listed on line 4a, adding this amount to total income, line 7.

[dmertz]

Code BG is not for any kind of rollover to a Roth IRA.  Code BG is for a rollover from one designated Roth account in a qualified retirement plan like a 401(k) to another.  Code H must be used by the payer for a direct rollover from a designated Roth account to a Roth IRA.  Was the rollover really to a Roth IRA and the payer used the incorrect code?

Is the amount on Form 1040 line 7 higher than the sum of lines 1, 2b, 3b, 4b, 5b and 6?  If so, it implies that there is some bogus amount of negative income on lines 23 through 35 of Schedule 1.  Examine Schedule 1.

[elbutax]

Thanks for your guidance. All good. I found an error on one my entries. Had gotten sidetracked with 4a line. Thank you so much for your time. Always good to learn new lessons.

[dmertz]

Solved in the comments.