topic Why did my tax refund decrease by $180 when I entered a 1099-R for a non taxable rollover into a 401K? in Retirement tax questions

Why did my tax refund decrease by $180 when I entered a 1099-R for a non taxable rollover into a 401K?

pennylayne-sulli — Wed, 11 Feb 2026 03:32:57 GMT

Re: Why did my tax refund decrease by $180 when I entered a 1099-R for a non taxable rollover int...

RobertB4444 — Sat, 17 Feb 2024 17:28:24 GMT

The refund counter in TurboTax has a lot going on there and is not accurate until it has all of the information entered. It could be something else that has made it make that change in your refund counter that didn't get calculated until after you finished entering the 109-R.

That said, the first thing to make sure is that the code on your 1099-R in box 7 is a G for a non-taxable rollover and that the amount in box 2 is zero. If either of these is not the case then the rollover may be considered partially taxable.

@pennylayne-sulli

Re: Why did my tax refund decrease by $180 when I entered a 1099-R for a non taxable rollover into a 401K?

VolvoGirl — Sat, 17 Feb 2024 17:48:13 GMT

What did you transfer it from? Did you roll it into a regular 401K or a ROTH 401K ? What code is in box 7?

Re: Why did my tax refund decrease by $180 when I entered a 1099-R for a non taxable rollover into a 401K?

dmertz — Sat, 17 Feb 2024 18:11:29 GMT

Also, is the IRA/SEP/SIMPLE box marked?

Does box 2a show a nonzero amount

Re: Why did my tax refund decrease by $180 when I entered a 1099-R for a non taxable rollover int...

LindaS5247 — Tue, 20 Feb 2024 15:58:54 GMT

To help clarify your question and so we can give a more helpful answer: How was your Form 1099-R coded in Box 7? Does Box 2a have an amount? Is the Box checked for IRA/SEP/SIMPLE?

Click here for a description of the Codes for Box 7 of Form 1099-R.

Click here for where to enter your Form 1099-R