Why is my 401k rollover showing in the "retirement income results" screen as a 'Pension and annuity distribution'?
Yet the Traditional and Roth IRA distributions is showing at $0. I entered it all as 1099-r
012652
1 Best answer
dmertz
Level 15
Mar 17, 2024 5:05:43 AM
A 401(k) is not an IRA. Only IRA distributions go on Form 1040 lines 4a and 4b. A 401(k) is properly categorized as Pension and Annuity income and goes on Form 1040 lines 5a and 5b.
1 Replies
dmertz
Level 15
Mar 17, 2024 5:05:43 AM
A 401(k) is not an IRA. Only IRA distributions go on Form 1040 lines 4a and 4b. A 401(k) is properly categorized as Pension and Annuity income and goes on Form 1040 lines 5a and 5b.