I had a standard 401K that was closed and rolled over to a different 401K, but under "Retirement Income Results" it list $0 for "Traditional and Roth distributions" and the rollover amount as "Pension and annuity distributions." Is this correct?

russspringstead · ‎June 4, 2019

dmertz · ‎June 4, 2019

Your 401(k) distribution is correctly classified under pension and annuity income (Form 1040 line 16 or Form 1040A line 12).

ToddL · ‎June 4, 2019

That would be correct. A "rollover" is not a "contribution".

The rollover amount is, however, a "distribution", and is listed as "Income" in the various Summary screens and on your tax return (Box 15a of From 1040).

(It won't be included in "taxable" income (Box 15b of From 1040) ).

Expert does your taxes

Do it yourself

Resources

Support

I had a standard 401K that was closed and rolled over to a different 401K, but under "Retirement Income Results" it list $0 for "Traditional and Roth distributions" and the rollover amount as "Pension and annuity distributions." Is this correct?

I had a standard 401K that was closed and rolled over to a different 401K, but under "Retirement Income Results" it list $0 for "Traditional and Roth distributions" and the rollover amount as "Pension and annuity distributions." Is this correct?

I had a standard 401K that was closed and rolled over to a different 401K, but under "Retirement Income Results" it list $0 for "Traditional and Roth distributions" and the rollover amount as "Pension and annuity distributions." Is this correct?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

I had a standard 401K that was closed and rolled over to a different 401K, but under "Retirement Income Results" it list $0 for "Traditional and Roth distributions" and the rollover amount as "Pension and annuity distributions." Is this correct?

Do you have an Intuit account?

I had a standard 401K that was closed and rolled over to a different 401K, but under "Retirement Income Results" it list $0 for "Traditional and Roth distributions" and the rollover amount as "Pension and annuity distributions." Is this correct?

I had a standard 401K that was closed and rolled over to a different 401K, but under "Retirement Income Results" it list $0 for "Traditional and Roth distributions" and the rollover amount as "Pension and annuity distributions." Is this correct?

Unlock tailored help options in your account.

Get more help

Related Content