1099-R Rollover then Conversion

lwsk — Sun, 15 Feb 2026 05:11:23 GMT

Hello,

I did a rollover from a traditional retirement account with my previous employer to a rollover IRA with Vanguard (1st 1099-R), then I converted that amount from the rollover IRA to a Roth IRA (2nd 1099-R). When I do the tax return, it tells me to do two separate ones. I clicked on "No" to the question "Did you move the money to a Roth IRA?" for the rollover (since the rollover account is a traditional one) and on "I converted some or all of it to a Roth IRA" for the conversion to differentiate them . But for the total amount, it adds both 1099-R making it double the amount. Am I doing this right?

Re: 1099-R Rollover then Conversion

dmertz — Sun, 15 Feb 2026 12:44:59 GMT

What you are seeing is correct. Both forms represent "income" as the term is defined in the tax code, but the rollover to the traditional IRA is nontaxable income. Being nontaxable, it has no effect on your tax return other than being required to be present on Form 1040 line 5a and the ROLLOVER box nearby being marked. TurboTax's summary shows both taxable and nontaxable income so that you can use the total to verify that you have entered all of your Forms 1099-R.

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1099-R Rollover then Conversion

Re: 1099-R Rollover then Conversion