topic Does it say on the 1099 SA form if there was rollover? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/does-it-say-on-the-1099-sa-form-if-there-was-rollover/01/1927307#M126941 Mon, 15 Feb 2021 17:30:15 GMT kayheather 2021-02-15T17:30:15Z Does it say on the 1099 SA form if there was rollover? https://ttlc.intuit.com/community/retirement/discussion/does-it-say-on-the-1099-sa-form-if-there-was-rollover/01/1927307#M126941 Mon, 15 Feb 2021 17:30:15 GMT https://ttlc.intuit.com/community/retirement/discussion/does-it-say-on-the-1099-sa-form-if-there-was-rollover/01/1927307#M126941 kayheather 2021-02-15T17:30:15Z Re: Does it say on the 1099 SA form if there was rollover? https://ttlc.intuit.com/community/retirement/discussion/re-does-it-say-on-the-1099-sa-form-if-there-was-rollover/01/1929179#M127171 <P>SSA-1099 has no provision for a rollover. It tells you your Social Security benefit for the year. If you have a Form 109-R, with a pension or IRA, those funds are able to be rolled over, but the 1099R itself, will not tell you that.</P> <P>&nbsp;</P> <P>The exception is if there is Code G in Box 7. That will indicate a trustee to trustee rollover.</P> <P>&nbsp;</P> Mon, 15 Feb 2021 21:14:26 GMT https://ttlc.intuit.com/community/retirement/discussion/re-does-it-say-on-the-1099-sa-form-if-there-was-rollover/01/1929179#M127171 ColeenD3 2021-02-15T21:14:26Z Re: Does it say on the 1099 SA form if there was rollover? https://ttlc.intuit.com/community/retirement/discussion/re-does-it-say-on-the-1099-sa-form-if-there-was-rollover/01/1929411#M127195 <P><STRONG>Form 1099-SA</STRONG>&nbsp;has no way to indicate that the distribution was rolled over.&nbsp; The rollover is a separate transaction that occurs after the reported distribution.&nbsp; The rollover is indicated by how you report the distribution on your tax return.</P><P>&nbsp;</P><P>In the HSA section:</P><OL><LI>Answer Yes when asked if you used your HSA to pay for anything in 2020.</LI><LI>Enter the details of the Form 1099-R.</LI><LI>Indicate that you did not use it all for medical expenses.</LI><LI>Indicate the amount used for medical expenses and the amount rolled over.</LI></OL><P>TurboTax will report the amount distributed on Form 8889 line 14a and will include the amount rolled over on line 14b, calculating the net distribution on line 14c.</P> Mon, 15 Feb 2021 21:40:56 GMT https://ttlc.intuit.com/community/retirement/discussion/re-does-it-say-on-the-1099-sa-form-if-there-was-rollover/01/1929411#M127195 dmertz 2021-02-15T21:40:56Z
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topic Does it say on the 1099 SA form if there was rollover? in Retirement tax questions
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Does it say on the 1099 SA form if there was rollover?
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Re: Does it say on the 1099 SA form if there was rollover?
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https://ttlc.intuit.com/community/retirement/discussion/re-does-it-say-on-the-1099-sa-form-if-there-was-rollover/01/1929179#M127171
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<P>SSA-1099 has no provision for a rollover. It tells you your Social Security benefit for the year. If you have a Form 109-R, with a pension or IRA, those funds are able to be rolled over, but the 1099R itself, will not tell you that.</P> <P>&nbsp;</P> <P>The exception is if there is Code G in Box 7. That will indicate a trustee to trustee rollover.</P> <P>&nbsp;</P>
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Re: Does it say on the 1099 SA form if there was rollover?
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https://ttlc.intuit.com/community/retirement/discussion/re-does-it-say-on-the-1099-sa-form-if-there-was-rollover/01/1929411#M127195
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<P><STRONG>Form 1099-SA</STRONG>&nbsp;has no way to indicate that the distribution was rolled over.&nbsp; The rollover is a separate transaction that occurs after the reported distribution.&nbsp; The rollover is indicated by how you report the distribution on your tax return.</P><P>&nbsp;</P><P>In the HSA section:</P><OL><LI>Answer Yes when asked if you used your HSA to pay for anything in 2020.</LI><LI>Enter the details of the Form 1099-R.</LI><LI>Indicate that you did not use it all for medical expenses.</LI><LI>Indicate the amount used for medical expenses and the amount rolled over.</LI></OL><P>TurboTax will report the amount distributed on Form 8889 line 14a and will include the amount rolled over on line 14b, calculating the net distribution on line 14c.</P>
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