ThomasM125
Expert Alumni

Get your taxes done using TurboTax

The code in box 7 is OK. When you answer the questions you see after you enter the Form 1099-R, you need to indicate that you moved the money to another retirement account, did a combination of rolling over, converting, or cashing out the money,  and then enter the amount converted to a Roth IRA.

 

 

You also have to enter the value of your traditional IRA's at end of year:

 

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