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How do I report converting money from Traditional IRA (pre-tax) to Roth IRA in turbotax?
Hello, I converted pre-tax 401k to the Traditional IRA in the year of 2022
I converted that money in a Traditional IRA into a Roth IRA in the year of 2023. How do I report it using turbotax desktop?
I intended to convert all the money from a Traditional IRA to Roth IRA, but found about 0.2 dollars is remaining by 12/21/2023 due to a late divide distribution, where do I report this amount?
I received a 1099-R and am aware I need to pay taxes, but wanted to make sure that I won't be charged for penalty.
Thanks!
‎February 16, 2024
7:37 AM