Thursday, November 10, 2011

Where do I report my IRA rollover contribution on Form 1040, using H&R Block software?

I withdrew $25k, for which I was sent Form 1099-R, and re-deposited it less than 60 days later so that it is treated by the IRS as a rollover and non-taxable. I received form 5498 for the contribution. I am doing my taxes from H&R Blocks website but can not figure out how to do this so I am not taxed or penalized for it as a distribution.

No comments:

Post a Comment