turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

The 401k amount of 717.09 was rolled over into a simple IRA and was not a distribution of income I have received, am I getting hit as if this was additional income

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
babsjhat
New Member

The 401k amount of 717.09 was rolled over into a simple IRA and was not a distribution of income I have received, am I getting hit as if this was additional income

It depends upon how it was reported on your 1099-R  The distribution code G should be on the form which is the code for rollover.  If that is the code you are OK

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies