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Get your taxes done using TurboTax
Yes, you choose “I moved the money to another retirement account (or returned it to the same retirement account)” and then select “I did a combination of rolling over, converting, or cashing out money” when you made a Roth conversion.
You don't select rollover. You would select that option (rollover) if you moved money into a similar retirement account. For example, from a 401 (k) to a traditional IRA or traditional IRA to a traditional IRA (these are all pre-tax). Another example is if you move it from a Roth IRA to another Roth IRA account (all after-tax). These are all movements with the same type of account and therefore consider a rollover. But if you move money from an account that is pre-tax (traditional IRA) to an after-tax (Roth) account then you will have to select conversion.
[Edited 2/19/2023 | 9:40 am PST]
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