Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Still need to file? Our experts can get your taxes done right. Get started >
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
12of12enfield
New Member

Why is my rollover amount on the 1099-r showing as income

it looks as though I am being charged taxed on it as income
1 Reply
JulieR
Expert Alumni

Why is my rollover amount on the 1099-r showing as income

A 1099-R reporting a rollover distribution will have a code "G" in box 7.  Make sure the proper code is listed on the 1099-R and entered into TurboTax.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v
ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789-_~