GodFather
Level 8
03-02-2022
05:01 AM
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Client changed jobs and had their 401k rolled into a Roth. 1099-R shows a sizable gross distribution, coded as G with a small taxable amount in box 2a. In researching it a bit, there is mention of the taxable amount having to do with the rollover into a Roth. The taxable amount is not populating the return at all. I've reviewed the 1099-R worksheet, and I am not seeing an option that would allow the taxable amount to be recognized. Has anyone experienced this? Any suggestions on what is the proper way to process this?
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