Okay, interesting, so you are suggesting I combine the two 1099Rs from the two separate institutions and enter the information as a single digital 1099R form in Turbotax, correct? If I did that which institution do I say the "new" 1099R was from as at that point the combined 1099R is now a hybrid or mixture of information from the original two sources. In that case I'm also not sure what would need to be marked for box 7 as the original pension institution 1099R listed "G" whereas the Roth-IRA institution listed "2".
For sake of clarifying this example, let's say the $X from the pension institution was $1000. In that case the form I received from the Roth IRA institution reported $7000 for the box 1 gross distribution total. This is because the $7000 is for the 2022 $6000 backdoor Roth contribution + $1000 from converting the pension to Roth IRA.
For entering this new combined "hybrid" 1099R into Turbotax I would list:
$7000 for box 1 - gross distribution
$1000 for box 2 - taxable amount
Box 2b - Check the "total distribution" box, but do not check "Taxable amount not determined" as we actually know box 2a of $1000 is valid
Box 7 - Mark the "Distribution code(s)" as "G,2" to include the codes from the original two 1099R forms (or something else here, I'm not sure???)
IRA/SEP/SIMPLE would also be checked or selected.
Or maybe this is not what you are suggesting, and I still need to somehow enter in two 1099Rs to cover reporting of the non-taxable $6000 as well as the taxable $1000 conversion to Roth IRA.
I hope these questions are clear. Just trying to make sense of how to capture and report all of the information from the two physical 1099Rs, to pay the required tax on the $1000 , and accurately report the conversion of the $6000+$1000 to a Roth IRA.
