Why does my rolled-over 401 traditional distribution add to my income if I rolled it over to a traditional IRA? Did I do something wrong when reporting the 1099-R?
posted
June 4, 20198:11 PM
last updated
June 04, 20198:11 PM
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Why does my rolled-over 401 traditional distribution add to my income if I rolled it over to a traditional IRA? Did I do something wrong when reporting the 1099-R?
The TT Income Summary only lists the gross (not taxable) amount, and is just FYI.
After you enter the 1099-R, there is a question that asks if you did a rollover.
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