topic Why 1099-R shows amount on box 2a as taxable income? as I have roll over all money to another custodian. (Spouse death - work distribution to my name) ? in Retirement tax questions

Why 1099-R shows amount on box 2a as taxable income? as I have roll over all money to another custodian. (Spouse death - work distribution to my name) ?

anjan10 — Mon, 09 Mar 2026 05:13:36 GMT

Spouse passed away in 2021 - I was beneficiary for her profit sharing, (stock) requested to transfer to me all and I roll over to another custodian. her work HR issued 1099-B and 1099-R, since I have roll over all money why 1099-R shows some taxable amount?

Re: Why 1099-R shows amount on box 2a as taxable income? as I have roll over all money to another...

HelenC12 — Tue, 22 Feb 2022 23:23:07 GMT

Even though the 1099-R shows the amount as taxable, after you enter your 1099-R, the follow up screens will allow you to enter the monies as a Rollover making them not taxable. In the interim, you may see your tax refund go down or the amount due go up. Don't worry. Once it's entered as a Rollover, TurboTax will remove the taxes and you refund or amount due will be correct.

I'm so sorry for your loss.

Re: Why 1099-R shows amount on box 2a as taxable income? as I have roll over all money to another...

anjan10 — Tue, 22 Feb 2022 23:41:36 GMT

Thank you, HelenC12..

Thank you for the condolence.

One more question> Do I have to report 1099-B along with 1099-R ?

Re: Why 1099-R shows amount on box 2a as taxable income? as I have roll over all money to another...

PattiF — Wed, 23 Feb 2022 02:21:35 GMT

Yes, you do have to report the 1099-B.

This TurboTax help article has instructions to enter the 1099-B.

Re: Why 1099-R shows amount on box 2a as taxable income? as I have roll over all money to another...

anjan10 — Fri, 25 Feb 2022 18:07:27 GMT

Hello,

Which form is suggested to enter first 1099-B or 1099-R ? I just want to make sure to enter correctly.

Re: Why 1099-R shows amount on box 2a as taxable income? as I have roll over all money to another...

JulieS — Fri, 25 Feb 2022 18:50:31 GMT

It doesn't matter which form you enter first.