Enter distribution from an IRA rolled over into another IRA

To enter distribution from an IRA that was rolled over into another IRA, complete the following steps.
  1. On the
    1099R
    screen, enter the total distribution amount in the
    Gross distribution
    and
    Taxable amount
    fields.
  2. Enter the distribution code in the
    Distribution code
    field, and enter
    X
    in the
    IRA/SEP/SIMPLE
    field.
  3. Enter the amount of the total distribution rolled over in the
    Amount of rollover
    field.
UltraTax CS shows the total distribution amount on Form 1040, line 4a, and calculates the taxable amount (if any) after rollover on Form 1040, line 4b. The text
ROLLOVER
prints to the left of the line.
Chat now

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close