How do I report rollover from nonqualified pension plan to ira? I anticipate that I should pay taxes, but want to make sure not taxed twice. I received a W2 but no 1099R.

[dmertz]

You are not permitted to roll a nonqualified pension plan over to an IRA.  Any of the money from a nonqualified retirement plan that you deposited into an IRA must be reported as a new, regular IRA contribution, entered under Deductions & Credits -> Retirement and Investments -> Traditional and Roth IRA Contributions.

[WelshInTexas]

Hi thanks. I received a lot of paperwork at the time of my termination to the effect that I had 60 days to effect the rollover. Which I did. That said, your answer would explain the absence of a box for me to tick...

[dmertz]

If you received information that indicated that it's eligible for rollover, then it seems that could actually be a qualified retirement plan.  However, it was from a qualified retirement plan the distribution from the plan would had to have been reported on a Form 1099-R.  Something is just not adding up.

[WelshInTexas]

According to the new owners it is was a trustee to trustee transfer and so not reportable. Intriguing... The old owners gave me a W2 because I needed to pay ordinary income tax on it. What remains unclear is whether the amount has a cost-basis from the IRS perspective. I fear I will be double taxed when time comes to do distribution. Oh well. that's many years away 🙂 Thanks for the feedback.