Drake Tax - 1040: 1099-R ROLLOVER Checkbox or Literal

Article #: 10177

Last Updated: October 14, 2025

 

Tags: Drake Tax 1099R

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Note  Starting with Drake Tax 2025, the box Rollover is marked instead of printing the literal word ROLLOVER beside the line on Form 1040.

To indicate that it is a rollover, go to the 1099 screen for that distribution. Under the heading Rollover Information make one of these tax exclusion adjustments -

  • If the amount of the rollover is the entire taxable amount entered in field 2a Taxable amount (or line 1 if 2a is blank), select from the drop list for the field Exclude from income - rolled over into another qualified plan one of these adjustments:

    • X - Rolled over into another plan

    • S - Rolled over into the same type of account

  • If the amount of the rollover is less than the taxable amount entered in field 2a Taxable amount (or line 1 if 2a is blank), enter the amount in the field Partial rollover amount.

Note  These rollover adjustments reduce the taxable amount you’ve already entered on screen 1099 (usually the amount in field 2a or line 1 if 2a is blank). Don’t enter a taxable amount with the rollover subtracted on line 2a and also exclude it again with one of these rollover adjustments, or the results will be incorrect.

Caution  X - Rolled over into another plan does not generate the indicator unless a partial rollover amount is entered.

For more information about rollovers, see the Form 1099-R Instructions and Drake Tax - 1099-R: Taxable Amount FAQs.