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Traditional IRA to Roth Conversion in Turbotax Premier
Received two 1099Rs from for traditional IRA. First was for RMD, second for partial conversion from Traditional to Roth at another institution. Completed interview for RMD first. In completing interview for conversion 1099R, Turbotax didn't recognize RMD had been made for this account, even though I answered that no RMDs were outstanding and warned I'd owe penalty. What do I need to enter to get program to recognize I've made RMD, so I can move forward.
‎February 23, 2025
9:33 AM