I am getting the question in TurboTax, Name the employer for your ISO? What are they talking about?

[duncanmarkc542]

In moved my 401k to a rollover IRA. Why does it show as income when the IRA consists of pretax money and is a self-directed IRA?

[ThomasM125]

You must be entering a Form 1099-B to see that question. Can you clarify what form you are entering? A rollover would normally be reported on a Form 1099-R, you wouldn't see a reference to an incentive stock option (ISO) when entering that form.

[duncanmarkc542]

The company did not provide a 1099. Requests have been made, but no forms. 

[MarilynG1]

Since your rollover from a 401K to an IRA is non-taxable, report it whenever you receive a 1099-R, which may be on your 2026 return. You may have received a Form 5498 for your records. 

To report a 401(k) to IRA rollover in TurboTax, enter your 1099-R form in the "Wages & Income" section, select "I moved the money to another retirement account" when asked "What did you do with the money?", and ensure the taxable amount is listed as $0.

If box 7 shows Code G, the software will automatically treat it as a non-taxable rollover. 

@duncanmarkc542