topic 1099R in Get your taxes done using TurboTax

1099R

hi8eR — Mon, 23 Feb 2026 13:12:35 GMT

In 2022, I moved funds from my 401(k) to a designated Roth 401(k). It was an in-plan rollover (IRR). I also paid the estimated federal taxes on this distribution in 2022 from a separate account. I received a 1099R that listed the distribution in box 1 and $0.00 in box 2a. In box 7 the code is "G" which says it was a direct rollover. When I enter this information, TurboTax incorrectly tells me that I will get the federal taxes that I paid for this IRR process refunded. How do I enter the information to reflect the correct data?

Re: 1099R

JohnB5677 — Mon, 06 Feb 2023 19:32:49 GMT

It seems your 1099-R was not coded properly. Code G is Direct rollover of a distribution to a qualified plan, a section 403(b) plan, a governmental section 457(b) plan, or an IRA.

For a direct conversion to a Roth IRA when the IRA owner is under age 59½, use code 2, Early distribution, exception applies. Code 2 lets the IRS know that the individual is under age 59½ but that he or she qualifies for certain exceptions.

Roth IRA conversion

Re: 1099R

Opus 17 — Mon, 06 Feb 2023 19:40:25 GMT

@dmertz

Do you have 2 codes? Sometimes there are 2 codes, a number and a letter.

I'm not actually sure "2" or "G" are correct in this situation, but I don't know what would be correct. But I suspect the codes are wrong, or you skipped half the code.

Re: 1099R

dmertz — Mon, 06 Feb 2023 19:59:33 GMT

Is any amount shown in box 5?

When TurboTax asked, did you correctly indicate that you rolled the distribution over to a Roth 401(k) or Roth 403(b)?

On an code-G Form 1099-R there can be no amount of tax withholding shown in box 4 or the state withholding boxes; tax withholding is not permitted on an IRR.

An IRR is reported with code G and no other code in box 7.

If you still are not seeing the correct amount being included on Form 1040 line 5b, try deleting the 1099-R and reentering it.