1: The actual amount transferred to the Roth IRA
2a: What the taxable amount would be if you had no basis in nondeductible traditional IRA contributions.
2b Taxable amount not determined: The actual taxable amount must be determined on Form 8606.
2b Total distribution: This transaction emptied the traditional IRA account.
7: Code 2 with the IRA/SEP/SIMPLE box being marked: The transaction came from a traditional IRA and there is no early-distribution penalty on the transaction.
8: Meaningless for this type of transaction.
9a: Meaningless for this type of transaction.
12: Meaningless for this type of transaction.
16: The amount that the state considers to be reportable, always the same as the amount in box 1 for this type of transaction.
This answer has been verified for accuracy by an Intuit expert employee
