We are in a similar situation where taxes were not taken out in converting my wife's small pension to a Roth IRA in 2022. I understand from this thread that when entering the 1099R from the pension institution that in order to get the correct taxes paid that we need to "change Box 2a to match Box 1 [so that] TurboTax will make the amount in 2a the taxable amount." That part makes sense so that we pay taxes on the pension distribution (let's call that pension distribution amount "$X") .
As part of the process we have also received a 1099R from the institution where the Roth IRA account is and where the pension money was transferred directly to. My wife did a 2022 backdoor Roth contribution of $6000 to the same account in 2022, so this 1099R shows the box 1 gross distribution total as the $6000 plus the $X from the pension. It also shows this $6000+$X amount in box 2a (taxable amount) as well as having box 2b checked (taxable amount not determined) and also the total distribution box checked. The distribution code is "2" with IRA/SEP/SIMPLE checked. My question is how I should enter in this 1099R from the Roth IRA account institution into Turbo Tax? Do I need to split up the $6000 and $X amounts into separate 1099R entries so Turbotax does the correct thing for filing taxes, or just keep them combined and report it as a conversion to Roth IRA as described at https://thefinancebuff.com/how-to-report-backdoor-roth-in-turbotax.html ?
Appreciate any help!
