You should have received a 1099-R from the IRA administra...

I transferred money from Traditional IRA-403b to Roth IRA. Where do I enter on turbo tax?

posted

You should have received a 1099-R from the IRA administrator. To enter it:

Click Federal Taxes (top menu)

Click Wages & Income (just below top menu)

Scroll down to Retirement Plans and Social Security and click Show More (if necessary)

Click Start next to IRA, 401(k), Pension Plan Withdrawals (1099-R)

Enter your 1099-R exactly as printed, paying special attention the the distribution code in Box 7 and the "IRA/SEP/SIMPLE" box.

Be sure to answer the interview questions related to "What you did with the money."

I transferred money from Traditional IRA-403b to Roth IRA. Where do I enter on turbo tax?