topic Re: Same-Kind IRA Rollovers in Get your taxes done using TurboTax

Same-Kind IRA Rollovers

BTRR — Mon, 16 Mar 2026 11:55:46 GMT

In 2025, I did several IRA rollovers. They were always same-kind rollovers (e.g., Traditional IRA to Traditional IRA, Roth IRA to Roth IRA) and they were always from Schwab to Fidelity. No 1099-Rs were issued to me. I this normal? Please advise. Many thanks.

Re: Same-Kind IRA Rollovers

DaveF1006 — Mon, 16 Mar 2026 12:00:10 GMT

Yes, this is normal because these were trustee-trustee rollovers and not 60-day rollovers. The reason you haven't received 1099-R's is that these transfers are non-reportable events for tax reporting purposes.

Re: Same-Kind IRA Rollovers

BTRR — Mon, 16 Mar 2026 12:26:48 GMT

Thanks! Very helpful! One follow-up question: What about the rollover of a 401k (at an employer) directly to a Traditional IRA (at Fidelity)? Will this generate a 1099-R?

Re: Same-Kind IRA Rollovers

Karis_F — Mon, 16 Mar 2026 13:56:07 GMT

Yes. A direct rollover from a 401(k) to a Traditional IRA within 60 days will generate a Form 1099-R with Code G (rollover) in Box 7. This is a non-taxable event.

Re: Same-Kind IRA Rollovers

dmertz — Tue, 17 Mar 2026 12:32:59 GMT

To be clear, the movement of an IRA by trustee-to-trustee transfer is neither a distribution nor a rollover. That's why such movements are not reportable. The movement of a 401(k) to an IRA, even if done directly, is a distribution and rollover, so that's reportable.

Re: Same-Kind IRA Rollovers

BTRR — Tue, 17 Mar 2026 12:37:41 GMT

@dmertz - Excellent! Thank you. I appreciate the detail.