https://ttlc.intuit.com/community/retirement/discussion/i-am-using-turbotax-many-years-want-to-rollover-my-ira-from-bank-a-to-bank-b-i-entered-1099-r/01/504018#M46818 Wed, 05 Jun 2019 02:09:01 GMT hsunwen 2019-06-05T02:09:01Z https://ttlc.intuit.com/community/retirement/discussion/i-am-using-turbotax-many-years-want-to-rollover-my-ira-from-bank-a-to-bank-b-i-entered-1099-r/01/504018#M46818 Wed, 05 Jun 2019 02:09:01 GMT https://ttlc.intuit.com/community/retirement/discussion/i-am-using-turbotax-many-years-want-to-rollover-my-ira-from-bank-a-to-bank-b-i-entered-1099-r/01/504018#M46818 hsunwen 2019-06-05T02:09:01Z https://ttlc.intuit.com/community/retirement/discussion/you-don-t-need-to-do-anything-with-form-5498-what-do-i/01/504030#M46820 <P>You don't need to do anything with Form 5498.</P><P> </P><SPAN> <SPAN><SPAN> <A href="https://ttlc.intuit.com/replies/3301419" target="_blank">&nbsp;What do I do with Form 5498?</A> </SPAN> </SPAN></SPAN> Wed, 05 Jun 2019 02:09:05 GMT https://ttlc.intuit.com/community/retirement/discussion/you-don-t-need-to-do-anything-with-form-5498-what-do-i/01/504030#M46820 ToddL 2019-06-05T02:09:05Z https://ttlc.intuit.com/community/retirement/discussion/dear-sir-so-you-means-that-i-just-file-1099-r-and-bank-r/01/504043#M46824 Dear Sir, so you means that I just file 1099-R and bank report 5498 for my IRA rollover process...<BR />please answer... Wed, 05 Jun 2019 02:09:06 GMT https://ttlc.intuit.com/community/retirement/discussion/dear-sir-so-you-means-that-i-just-file-1099-r-and-bank-r/01/504043#M46824 hsunwen 2019-06-05T02:09:06Z https://ttlc.intuit.com/community/retirement/discussion/you-file-the-1099-r-the-5498-is-for-your-information-o/01/504050#M46827 You file the 1099-R.&nbsp;&nbsp;&nbsp;The 5498 is for your information only. Wed, 05 Jun 2019 02:09:09 GMT https://ttlc.intuit.com/community/retirement/discussion/you-file-the-1099-r-the-5498-is-for-your-information-o/01/504050#M46827 macuser_22 2019-06-05T02:09:09Z https://ttlc.intuit.com/community/retirement/discussion/dear-sir-if-i-just-file-1099-r-and-keep-5498-for-my-info/01/504062#M46830 Dear Sir, if I just file 1099-R and keep 5498 for my information. How does IRS know my IRA rollover to another account? thanks Wed, 05 Jun 2019 02:09:10 GMT https://ttlc.intuit.com/community/retirement/discussion/dear-sir-if-i-just-file-1099-r-and-keep-5498-for-my-info/01/504062#M46830 hsunwen 2019-06-05T02:09:10Z https://ttlc.intuit.com/community/retirement/discussion/was-this-a-direct-roll-over-did-the-funds-go-from-bank/01/504066#M46832 Was this a direct roll-over - did the funds go from Bank A straight to Bank B? (Distribution Code in Box 7 would be "G"). Wed, 05 Jun 2019 02:09:11 GMT https://ttlc.intuit.com/community/retirement/discussion/was-this-a-direct-roll-over-did-the-funds-go-from-bank/01/504066#M46832 ToddL 2019-06-05T02:09:11Z https://ttlc.intuit.com/community/retirement/discussion/thanks-sir-i-got-the-check-from-bank-a-and-opened-the-n/01/504069#M46833 Thanks, Sir, <BR />I got the check from Bank A and opened the new IRA account in Bank B. I am not sure this is direct roll-over or not?<BR />The 1099-R show box 7 with 1 (early distribution) Wed, 05 Jun 2019 02:09:13 GMT https://ttlc.intuit.com/community/retirement/discussion/thanks-sir-i-got-the-check-from-bank-a-and-opened-the-n/01/504069#M46833 hsunwen 2019-06-05T02:09:13Z https://ttlc.intuit.com/community/retirement/discussion/ok-when-you-enter-this-1099-r-in-the-program-one-of-the/01/504078#M46834 OK. When you enter this 1099-R in the program, one of the interview questions will ask what you did with the money. The correct answer is "You moved the money to another retirement account". I've added a sample screenshot of what you will see. This is where you tell the IRS you did a rollover. Wed, 05 Jun 2019 02:09:28 GMT https://ttlc.intuit.com/community/retirement/discussion/ok-when-you-enter-this-1099-r-in-the-program-one-of-the/01/504078#M46834 ToddL 2019-06-05T02:09:28Z