Tax time - Rollover question
 

Decided to do my own taxes this year with TurboTax. Nothing special about my return...just an employee with mortgage deduction and some interest/dividend income. Pretty simple. Accountant was hitting me for $400+ and I decided it's not worth it for a basic return.

Before I delve in...I have one question. I rolled over a 401k with M-L into an IRA with Janus. ML sent me a 1099R with the entire amount of the rollover listed. It's coded "G" (rolled into qualified plan). Is that something that I need to report somehow? Safe to assume T-tax has that covered?

Thanks. It's always enlightening to go through this process only to be hit in the face with the significant percentage of my earnings that goes to the gubmint.

I didn't use Turbo Tax back when any of my rollovers occurred, but I'm sure it will be very straight forward as you go through the process. I like TT... it's great for those of us with relatively simple, "you want me to bend over HOW far?", tax returns :).

I did the same thing last year - rolled from one company's 401 into another. There is a part of TurboTax to enter that info, and the code as well. You won't see any change due to the data, but better safe than give the IRS a reason to audit you!