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To enter this into TurboTax, you must split the Form 1099-R into two, one for the portion rolled over to the Roth IRA and the other for the portion rolled over to the traditional IRA as follows:
For the portion rolled over to the traditional IRA:
Assuming that the code in box 7 is G, in the follow-up indicate that you did not roll this portion of the distribution over to any kind of Roth account.
For the portion rolled over to the Roth IRA:
In the follow-up, indicate that you rolled this distribution over to a Roth IRA.
Note that the dollar amounts in the boxes of the two Forms 1099-R that you enter will total to the same amount as on the original Form 1099-R.
To enter this into TurboTax, you must split the Form 1099-R into two, one for the portion rolled over to the Roth IRA and the other for the portion rolled over to the traditional IRA as follows:
For the portion rolled over to the traditional IRA:
Assuming that the code in box 7 is G, in the follow-up indicate that you did not roll this portion of the distribution over to any kind of Roth account.
For the portion rolled over to the Roth IRA:
In the follow-up, indicate that you rolled this distribution over to a Roth IRA.
Note that the dollar amounts in the boxes of the two Forms 1099-R that you enter will total to the same amount as on the original Form 1099-R.
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