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Get your taxes done using TurboTax
In the program things are entered a bit backwards ... you must enter this in the deductions & credits section FIRST and then go back to the Income tab...
1)Enter IRA contribution making it non deductible ... this will be on the form 8606
2)Enter the 1099-R for the conversion
If your conversion was more than the contribution (earnings) then only the earnings is taxed.
‎September 6, 2022
11:28 AM