I am facing a issue. I received three 1099-R forms due to a rollover from my employer's 401(k)/403(b) plan to my IRA account. I also have one 1099-R for a partial conversion of my IRA to Roth. I made sure to enter all this information accurately in the Turbo Tax desktop software, but when I check the resulting 1099-R, it shows a taxable amount for the Roth conversion on lines 4A and 4B. In contrast, the rollover IRAs appear on line 5a with the term "rollover." All three of the rollover 1099-R forms have a code G in box 7 and are blank between boxes 7 and 8. Why do the rollovers appear on line 5a instead of line 4a? Is this the correct outcome?
012243
1 Replies
VolvoGirl
Level 15
Mar 13, 2025 1:19:47 PM
Yes that sounds right. The rollovers from a 401K go on line 5 with Pensions and annuities. Only rollovers or conversions or distributions from IRAs go on the IRA line. It goes by the little IRA checkmark between boxes 7&8.