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antoniagoldberg
Level 2
May 1, 2020

1099 R

  • May 1, 2020
  • 1 reply
  • 7 views

my client loaned 68K from the IRA, and returned 66K in 25 days. how do i report in on 1099R in proconnenct tax on 1040

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    1 reply

    George4Tacks
    Level 15
    May 1, 2020

    Which proconnect product are you using?

    Look for indirect rollover. 

     

    Answers are easy. Questions are hard!
    antoniagoldberg
    Level 2
    May 1, 2020

    I am using Proconnect Individuals. 

    The client took 68K and returned 66K in less than 30 days.

    How do I input this in 1040?

     

    Antonia
    George4Tacks
    Level 15
    May 2, 2020
    Proseries?
    Lacerte?
    Tax Online?
    Fortunately Intuit will be dropping the confusing ProConnect first name.
    Answers are easy. Questions are hard!