ira rollover into a qualified plan why does it show up as income

toyotaman — Wed, 26 Feb 2025 17:12:22 GMT

Re: ira rollover into a qualified plan why does it show up as income

VolvoGirl — Wed, 26 Feb 2025 17:15:56 GMT

If you are looking at a summary screen or review screen those show the full amount as income and lump a lot of stuff together. You need to check the actual 1040 form and make sure it's right. Check lines 4b & 5b for any taxable amounts. For a rollover line b should be zero and the word Rollover by it.

Before filing you can preview the 1040 or print the whole return
https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160

topic ira rollover into a qualified plan why does it show up as income in Retirement tax questions

ira rollover into a qualified plan why does it show up as income

Re: ira rollover into a qualified plan why does it show up as income