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Author: PurdueMatt One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 123146  
Subject: How to report an 401K to Trad. IRA rollover Date: 2/22/2003 9:03 PM
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Hi all ...

I need a little advice on the "how do I report this?" front. In 2002 I rolled over my 401K from my former employer to a Traditional IRA. I received from my former employer a 1099-R detailing the distributions.

Of course ... doing the "Foolish" thing ... I rolled over the entire amount and resisted the temptation to pocket some cash. Therefore, since it was a 100% rollover, line 2a "Taxable Amount" reads $0.00.

The only entries in the form are Box 1 (the amount of the distribution), 2b (marked "Total Distribution"), and Box 7 (marked "G" for "Direct Rollover to IRA"). For an entry of "G" in Box 7, the notes on the back of the 1099-R state that "You need not file Form 5329".

My question is this, what do I do with this 1099-R? Do I need to make a note of it somewhere on my 1040? If so, where?



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