DanaB27
Expert Alumni

Get your taxes done using TurboTax

You had indicated in your question that you performed a backdoor Roth which would be a nondeductible traditional IRA contribution and then the conversion to Roth IRA. But if you only made a Roth conversion then the contribution part does not apply and you will only enter your Form 1099-R with the steps below. Yes, it will be fully taxable if you only had pre-tax contributions.

 

  1. Click "Federal Taxes" on the top and select "Wages & Income"
  2. Click "I'll choose what to work on"
  3. Scroll down and click "Start" next to "IRA, 401(k), Pension Plan (1099-R)
  4. Answer "Yes" to the question "Did You Have Any of These Types of Income?"
  5. Click "I'll Type it Myself"
  6. Choose "Form 1099-R, Withdrawal of Money from 401(k) Retirement Plans, Pensions, IRAs, etc."
  7. Click "Continue" and enter the information from your 1099-R
  8. Answer questions until you get to “What Did You Do With The Money” and choose “I moved it to another retirement account
  9. Then choose “I did a combination of rolling over, converting, or cashing out money.” and enter the amount next to "Amount converted to a Roth IRA account"

 

 

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