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New Member
posted Feb 28, 2025 8:06:13 PM

Why is my 1099 R reporting taxable income if I rolled over from RothIRA to RothIRA?

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1 Best answer
Level 15
Feb 28, 2025 8:09:26 PM

Where?   If you are looking at a summary screen or review screen those show the full amount as income and lump a lot of stuff together. You need to check the actual 1040 and make sure it’s right. For 1099R check 1040 line 4a/5a and 4b/5b for any taxable amount. If it was a rollover it should say ROLLOVER by the “b” line and 0 taxable. 

1 Replies
Level 15
Feb 28, 2025 8:09:26 PM

Where?   If you are looking at a summary screen or review screen those show the full amount as income and lump a lot of stuff together. You need to check the actual 1040 and make sure it’s right. For 1099R check 1040 line 4a/5a and 4b/5b for any taxable amount. If it was a rollover it should say ROLLOVER by the “b” line and 0 taxable.