topic I left a job and I moved my 401k to a Traditional IRA with the same financial institution. I reported the 1099-R on my return as being non-taxable. Is that correct? in Retirement tax questions

I left a job and I moved my 401k to a Traditional IRA with the same financial institution. I reported the 1099-R on my return as being non-taxable. Is that correct?

stephnic78 — Tue, 10 Feb 2026 09:04:36 GMT

MinhT1 — Tue, 30 Jan 2024 20:46:12 GMT

Yes.

This is a nontaxable roll-over.

Enter your form 1099-R by following these steps:

In TurboTax, open your tax return
Click on Federal, then on Wages & Income
Locate the section Retirement Plans and Social Security and click on the arrow on the right
Click Start next to IRAs, 401(k), Pension Plan Withdrawals (1099-R).
Enter your form 1099-R and follow the interview
When you arrive to the page Tell us if you moved the money through a rollover or conversion, click on the radio button I rolled over some or all of it to an IRA or other retirement account within the time limits (normally 60 days)

stephnic78 — Tue, 30 Jan 2024 23:56:39 GMT

Great!! Thanks so much. I really appreciate the help!