We are retired & receive retirement funds, why do I get questions about rollover of the funds? I don't understand the questions.

[bzeh42]

After I enter the information from the 1099-R I go through questions on qualified plan, great they are qualified.

Now I get several questions about roll-overs.  Why?  I don't know what to answer.  We get retirement funds from the accounts we put into.  Also questions about was this amount paid in taxes added to the $$$ or part of the $$$ received.  Why this question?

[DianeW]

First, after you select  "From a Qualified Plan", the next question is asking what you did with the money.  If you keep the money because it's your retirement payment you should select "........ did something else with it (cashed it out, etc). This simply means you kept the money and did not put it into another retirement account. Then select that "........ got regular payments from this account".

The amount paid in taxes would be "part of the $$$ received" if you did not add money for the taxes and because you would know if this did pertain to you.

If you have a code in box 7, that is other than code 7, you can add a comment to include the code and I can help further.

Lastly, if you did not rollover to another retirement account you can just say no.

[Edited: 03.08.2018 | 8:53 AM]