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If the taxpayer has rolled over all or a portion of a distribution from a retirement account to another retirement account, the word "ROLLOVER" will print on IRS Form 1040.

If the distribution is from an IRA:

  1. The text "ROLLOVER" will print in the left-hand margin by Line 4a
  2. The total distribution will appear on Line 4a
  3. The taxable amount of the distribution will appear on Line 4b
  4. If the total distribution was rolled over, no amount will be reported on Line 4b as taxable

If the distribution is from a retirement plan other than an IRA:

  1. The text "ROLLOVER" will print in the left-hand margin by Line 4a
  2. The total distribution will appear on Line 4a
  3. The taxable amount of the distribution will appear on Line 4b
  4. If the total distribution was rolled over, no amount will be reported on Line 4b as taxable

To enter or review your Form 1099-R entries:

  1. From within your TaxAct® return (Online or Desktop), click Federal. On smaller devices, click in the upper left-hand corner, then select Federal.
  2. Click Retirement Plan Income in the Federal Quick Q&A Topics menu to expand the category and then click IRA, 401(k), and pension plan distributions (Form 1099-R).
  3. Click New Copy of Form 1099-R (Desktop users click Add) to create a new copy of the form or Review to review a form already created 
  4. The program will proceed with the interview questions for you to enter or review the appropriate information

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