Last year I rolled over a money market account from my bank to a separate IRA, but my 1099-R says that that money was distributed. How should I report this?

remtortuga — Tue, 04 Jun 2019 21:32:51 GMT

I won't get the form from my IRA institution that says I rolled over funds until May.

Sounds like you did an indirect rollover. In TurboTax, e...

KenH1 — Tue, 04 Jun 2019 21:32:53 GMT

Sounds like you did an indirect rollover. In TurboTax, enter your 1099-R just as it is issued.

TurboTax will then ask a series of questions so the program can determine if the amount is taxable or not.

At the What Did You Do with The Money screen indicate that I moved the money to an IRA or another retirement account and then select rolled over down below.

There should be no effect on your taxes.

topic Last year I rolled over a money market account from my bank to a separate IRA, but my 1099-R says that that money was distributed. How should I report this? in Retirement tax questions

Last year I rolled over a money market account from my bank to a separate IRA, but my 1099-R says that that money was distributed. How should I report this?

Sounds like you did an indirect rollover. In TurboTax, e...