topic After entering my 1099 R's turbo tax is showing I owe taxes when this was a rollover. How do you fix this? in Retirement tax questions

After entering my 1099 R's turbo tax is showing I owe taxes when this was a rollover. How do you fix this?

johnsonh0125 — Mon, 23 Feb 2026 13:29:32 GMT

Re: After entering my 1099 R's turbo tax is showing I owe taxes when this was a rollover. How do you fix this?

VolvoGirl — Fri, 03 Feb 2023 17:01:26 GMT

Did you get more than one 1099R? What did you roll it from and to? What code is in box 7? Delete the 1099R and re enter it. You might have answered a question wrong. Was it a direct rollover or did you get a check and deposit it? If they took any withholding out you had to replace it with your own money when you rolled it over.

Re: After entering my 1099 R's turbo tax is showing I owe taxes when this was a rollover. How do you fix this?

johnsonh0125 — Fri, 03 Feb 2023 17:12:11 GMT

I rolled over my money to my current employers retirement plan. Never touched the money and they sent me 2 1099 rs. Box 7 is code BG and G. The money was wired directly I never touched the money.