rollover from 457(b) to Roth

Does a rollover from a 457(b) to a Roth require me to pay taxes? I believe I did that in 2022 and want to make sure I did it correctly.

DawnCAnswer

Employee Tax Expert

Also, how would I check that it has been done correctly? What do I look for on my tax return?

TurboTax can properly report your rollover. A conversion to a Roth IRA results in taxation of any previously untaxed amounts.

Preview Form 1040. Look on Lines 5a and 5b, the taxable amount from Form 1099-R will be on line 5b.

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Alumni - Intuit

A rollover from a 457(b) plan to a Roth IRA is taxable.

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Level 2

Would Turbo Tax have done this correctly?

Level 2

Also, how would I check that it has been done correctly? What do I look for on my tax return?

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