JPGup90
Returning Member

1099-R Taxable Issue

Hello Everyone,

I have a 1099-R that has a 14000 value in box 1, 2b, and 2c is checked. My return is showing 7000 as my tax basis, but it should be $0 as its all conversion to Roth

 

How can I solve this? If i enter the 1099-R as is, this continues to be the tax liability assessed

 

Thank you!