cpabsd Posted March 2, 2013 Report Share Posted March 2, 2013 How do I tell the software that a 1099-R received with code 1 was actually rolled over within 60 day period and is not subject to income tax or penalty? Quote Link to comment Share on other sites More sharing options...
Kea Posted March 2, 2013 Report Share Posted March 2, 2013 In some cases, you can put "$0" in for the taxable amount. Not sure if ATX has an explanation field or checkbox? Quote Link to comment Share on other sites More sharing options...
cpabsd Posted March 2, 2013 Author Report Share Posted March 2, 2013 I figured it out - there is a box on the 1099-R input screen. I was just overlooking it before. Quote Link to comment Share on other sites More sharing options...
joanmcq Posted March 2, 2013 Report Share Posted March 2, 2013 Yes you have to include the amount rolled over in the section below the 1099R input. Otherwise the program won't print ROLLOVER next to line 15a on the 1040. Quote Link to comment Share on other sites More sharing options...
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