I rolled over a qualified roth to a qualifed roth- recieved a 1099-r, I did not take any distribution.
When I report my 1099-R on my federal return box 5 of the 1099-r says Employee contri/desig ROTH contrib or insurance premium (this is the same figure as the gross distribution)- box 7 says H (direct rollover)- my state refund recalculates and goes up by about $4000. - this can't be right. HELP I wanna get this done.