topic 2018 I did an indirect 401k rollover that I returned in 2019 in Retirement tax questions

2018 I did an indirect 401k rollover that I returned in 2019

droll — Sun, 29 Mar 2020 02:16:41 GMT

2018 I did an indirect 401k rollover that I returned in 2019

Re: 2018 I did an indirect 401k rollover that I returned in 2019

macuser_22 — Sun, 29 Mar 2020 02:50:43 GMT

Explain more. What are you asking?

Re: 2018 I did an indirect 401k rollover that I returned in 2019

droll — Sun, 29 Mar 2020 19:44:37 GMT

11/2018 move 60K before and after tax from a 401k returned full amount back into Schwab Roth & Reg IRA in Jan 2019 Fed Tax was taken out in Nov 2018. This was done within the 60 day window. What forms need to be completed it TurboTax on 2019 filing?

Re: 2018 I did an indirect 401k rollover that I returned in 2019

dmertz — Sun, 29 Mar 2020 20:24:27 GMT

If you received a 401(k) distribution near (but not after) the end of 2018 that you rolled over that distribution in 2019 within 60 days, you should have received a 2018 Form 1099-R that was reportable on your 2018 tax return on which you would have reported the distribution as having been rolled over. Nothing about this would go on your 2019 tax return.

Re: 2018 I did an indirect 401k rollover that I returned in 2019

macuser_22 — Sun, 29 Mar 2020 20:31:12 GMT

If this was reported on a single 1099-R then TurboTax does not support before-tax money going to a Traditional IRA and after-tax money going to a Roth. It must be entered into TurboTax as two 1099-R's with the before and after tax money split.

Re: 2018 I did an indirect 401k rollover that I returned in 2019

droll — Sun, 29 Mar 2020 20:37:37 GMT

would I have to amend my2018 filing taxes if I used a single 1099r enrty?

Re: 2018 I did an indirect 401k rollover that I returned in 2019

macuser_22 — Sun, 29 Mar 2020 21:47:58 GMT

Depends on how you entered it and the code in box 7, what was in box 2a and what went onto the 2018 1040 line 4a and 4b.