Pension Rollover
Menu Path: Income > Common Income > Retirement Income (1099-R)
You should receive a Form 1099-R reporting your pension distribution. Enter the 1099-R on the Your Retirement Income (Form 1099-R) screen.
If the distribution code in Box 7 of your Form 1099-R is 'G', this automatically indicates a direct rollover. You will not need to indicate elsewhere that the distribution was rolled over.
If the distribution code is not 'G', then on the Distribution Rollover screen, indicate how much of your distribution was rolled over.
Any portion of a distribution that is rolled over is not taxable income.
You should receive a Form 1099-R reporting your pension distribution. Enter the 1099-R on the Your Retirement Income (Form 1099-R) screen.
If the distribution code in Box 7 of your Form 1099-R is 'G', this automatically indicates a direct rollover. You will not need to indicate elsewhere that the distribution was rolled over.
If the distribution code is not 'G', then on the Distribution Rollover screen, indicate how much of your distribution was rolled over.
Any portion of a distribution that is rolled over is not taxable income.
