sddusina
Returning Member

Get your taxes done using TurboTax

Still confused:

 

On the "Did you move the money to a Roth IRA? screen answer "Yes"

 

We divided our 401K into multiply CD's, an annuity, money market account and one Roth IRA account.  If I click "yes" it charges us taxes on the whole amount. Is that correct? When we made this decision to diverse, we were told we wouldn't owe takes until we withdrew the money or RMD. 

 

Thanks