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Reporting Traditional 401K to Roth IRA conversion
I got a 1099-R from Fidelity with Box 7 code of G for a conversion of the funds in a Traditional 401K to a Roth IRA when I changed employers. The entire distribution is marked taxable but TurboTax won't add it as taxable income to my return unless I enter a code of 2.
Since this would cause the entered 1099-R to differ from the received 1099-R, I'm wondering if there is some other way of having the income be reported for 2023?
Thanks
March 22, 2024
9:18 AM