turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Retirement Transfer

How do you enter IRA Retirement Fund Transfers from one IRA to another IRA in TurboTax. I have numerous that were transferred to new retirement accounts, but as these are considered transfers you do not get a 1099-R. How/where do I enter this information.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

Retirement Transfer

You only enter actual 1099R you get, even for transfers.  If they are direct transfers and  you don't get a 1099R you don't need to report them.  

Retirement Transfer

You don't.   A trustee-to-trustee transfer does  not generate a 1099-R and there is nothing to report.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

Retirement Transfer

Thank you so much for the answer. We have records of the transfers to new investment account if ever needed, I believe that satisfactory. Once again thank you.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question