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Rollovers are 100% tax-free, unless you converted to a Roth in the process.
You should have received a 1099-R. Enter it exactly as printed, including box 7. Go to:
Federal Taxes (top menu)
Click Income & Expenses (just below top menu)
Scroll down to Retirement Plans and Social Security and click Show More (if necessary)
Enter the 1099-R form. Hopefully the code is G (direct rollover). If not, take these additional steps:
At the What Did You Do with The Money screen indicate that I moved the money to an IRA or another retirement account and then select rolled over.
There should be no impact on your taxes.
Rollovers are 100% tax-free, unless you converted to a Roth in the process.
You should have received a 1099-R. Enter it exactly as printed, including box 7. Go to:
Federal Taxes (top menu)
Click Income & Expenses (just below top menu)
Scroll down to Retirement Plans and Social Security and click Show More (if necessary)
Enter the 1099-R form. Hopefully the code is G (direct rollover). If not, take these additional steps:
At the What Did You Do with The Money screen indicate that I moved the money to an IRA or another retirement account and then select rolled over.
There should be no impact on your taxes.
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