2519106
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.

Transfer 401K to new broker

I transferred my 401k from one broker to another. I received a 1099 B from the first bank showing gains and adding them on the download as taxable income. Am I downloading wrong?

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 Best answer

Accepted Solutions

Transfer 401K to new broker

You can't get a 1099-B from a 401(k) plan.  If you got a 1099-B, it was not a 401(k).  If it was a 401(k), you would have gotten a 1099-R. 

 

 

View solution in original post

1 Reply

Transfer 401K to new broker

You can't get a 1099-B from a 401(k) plan.  If you got a 1099-B, it was not a 401(k).  If it was a 401(k), you would have gotten a 1099-R. 

 

 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question