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I rolled over my traditional IRA to a 403b, however, TurboTax only gives the option of a RothIRA, and shows the amount as income. My 1099-R shows a distribution code G.

Is this a program issue, if not, how do I make a correction?
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Accepted Solutions
KenH1
New Member

I rolled over my traditional IRA to a 403b, however, TurboTax only gives the option of a RothIRA, and shows the amount as income. My 1099-R shows a distribution code G.

As long as you've entered code "G," TurboTax will not calculate tax.

Answer "no" to the Roth questions that follow.

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3 Replies
KenH1
New Member

I rolled over my traditional IRA to a 403b, however, TurboTax only gives the option of a RothIRA, and shows the amount as income. My 1099-R shows a distribution code G.

As long as you've entered code "G," TurboTax will not calculate tax.

Answer "no" to the Roth questions that follow.

I rolled over my traditional IRA to a 403b, however, TurboTax only gives the option of a RothIRA, and shows the amount as income. My 1099-R shows a distribution code G.

Why does it show up as additional income then?
KenH1
New Member

I rolled over my traditional IRA to a 403b, however, TurboTax only gives the option of a RothIRA, and shows the amount as income. My 1099-R shows a distribution code G.

It may be in your "Tax Summary" (which is a meaningless number), but not your taxable income

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