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Why is TT taxing me on my 1099-Q qualified trustee-to-trustee transfer?

 
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AmyC
Expert Alumni

Why is TT taxing me on my 1099-Q qualified trustee-to-trustee transfer?

A nontaxable transaction should not be entered.  IRS Publication 970, Tax Benefits for Education states:

Page 45: Don't report tax-free distributions (including qualifying rollovers) on your tax return.

Please remove the form and keep it with your tax files.

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