turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

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

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
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

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
Manage cookies