Ask The Experts: Money Matters

By Mike Miles

Reporting rollover on taxes

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Q. I am retired and made a voluntary contribution to CSRS and then rolled it over to a Roth IRA in 2012, prior to my retirement. Now I’m interested in what I need to do, if anything, on my 2012 tax returns regarding this rollover. Will the Office of Personnel Management be sending me a Form 1099-R? Any advice on how to report on my 1040 will be helpful. Pub 590 (tax year 2011) says that “you do not include in gross income any part of a distribution from a qualified retirement plan that is a return of contributions to the plan.”

A. We can’t tell you how to complete your tax return. Your tax preparer is responsible for that. If you’re not comfortable doing it yourself, you should find someone who is.

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