DanaB27
Expert Alumni

Get your taxes done using TurboTax

It seems you have entered the Roth conversion amount as a Roth IRA contribution. Please delete the Roth IRA contribution entry (keep the entry to the traditional IRA if you made nondeductible contributions for 2022). You only need to enter Form 1099-R to report the conversion:

 

  1. Click on "Search" on the top right and type “1099-R”  
  2. Click on “Jump to 1099-R”
  3. Click "Continue" and enter the information from your 1099-R
  4. Answer questions until you get to “Tell us if you moved the money through a rollover or conversion” and choose “I converted some or all of it to a Roth IRA
  5. On the "Review your 1099-R info" screen click "Continue"
  6. Answer "yes" to "Any nondeductible Contributions to your IRA?" if you had any nondeductible contributions in prior years.
  7. Answer the questions about the basis from line 14 of your 2021 Form 8606 and the value of all traditional, SEP, and SIMPLE IRAs

 

 

@TR571 

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