topic If I have a 401k rollover contribution that was sent directly to a roth ira and part to traditional ira= $0 taxable income correct? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/if-i-have-a-401k-rollover-contribution-that-was-sent-directly-to-a-roth-ira-and-part-to-traditional/01/2083297#M140706 Mon, 15 Mar 2021 14:14:06 GMT lori700 2021-03-15T14:14:06Z If I have a 401k rollover contribution that was sent directly to a roth ira and part to traditional ira= $0 taxable income correct? https://ttlc.intuit.com/community/retirement/discussion/if-i-have-a-401k-rollover-contribution-that-was-sent-directly-to-a-roth-ira-and-part-to-traditional/01/2083297#M140706 Mon, 15 Mar 2021 14:14:06 GMT https://ttlc.intuit.com/community/retirement/discussion/if-i-have-a-401k-rollover-contribution-that-was-sent-directly-to-a-roth-ira-and-part-to-traditional/01/2083297#M140706 lori700 2021-03-15T14:14:06Z Re: If I have a 401k rollover contribution that was sent directly to a roth ira and part to tradi... https://ttlc.intuit.com/community/retirement/discussion/re-if-i-have-a-401k-rollover-contribution-that-was-sent-directly-to-a-roth-ira-and-part-to-tradi/01/2083911#M140725 <P>No.&nbsp; The part of your 401(k) that was rolled over to a Roth IRA is taxable.&nbsp; If this occurred in 2020, you should have received a Form 1099-R for each rollover.</P> Mon, 15 Mar 2021 15:51:51 GMT https://ttlc.intuit.com/community/retirement/discussion/re-if-i-have-a-401k-rollover-contribution-that-was-sent-directly-to-a-roth-ira-and-part-to-tradi/01/2083911#M140725 DavidD66 2021-03-15T15:51:51Z Re: If I have a 401k rollover contribution that was sent directly to a roth ira and part to tradi... https://ttlc.intuit.com/community/retirement/discussion/re-if-i-have-a-401k-rollover-contribution-that-was-sent-directly-to-a-roth-ira-and-part-to-tradi/01/2084013#M140736 <P>If they only sent one 1099-R form you will need to split it into 2 entries&nbsp; one for each rollover as the program doesn't handle mixed rolls well.&nbsp;</P> Mon, 15 Mar 2021 16:04:20 GMT https://ttlc.intuit.com/community/retirement/discussion/re-if-i-have-a-401k-rollover-contribution-that-was-sent-directly-to-a-roth-ira-and-part-to-tradi/01/2084013#M140736 Critter-3 2021-03-15T16:04:20Z Re: If I have a 401k rollover contribution that was sent directly to a roth ira and part to traditional ira= $0 taxable income correct? https://ttlc.intuit.com/community/retirement/discussion/re-if-i-have-a-401k-rollover-contribution-that-was-sent-directly-to-a-roth-ira-and-part-to/01/2084771#M140798 <P>The answer to the original question is, "it depends."&nbsp; If the amount rolled over to the Roth IRA was no more than the amount shown in box 5 of the Form 1099-R, no part of these distributions from the traditional account in the 401(k) is taxable.&nbsp; Otherwise, any amount rolled over to the Roth IRA in excess of the amount in box 5 is taxable.</P> Mon, 15 Mar 2021 17:27:49 GMT https://ttlc.intuit.com/community/retirement/discussion/re-if-i-have-a-401k-rollover-contribution-that-was-sent-directly-to-a-roth-ira-and-part-to/01/2084771#M140798 dmertz 2021-03-15T17:27:49Z