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Get your taxes done using TurboTax
Along this same question. When entering into Turbotax the 1099-R with tax withholding; Tell us if you moved the money through a rollover or conversion?
Also the question of Did you roll over the gross amount of $12,000.00 (Box 1) to another retirement account? What should this answer be if this is the tax witheld on the conversion of $50,000.
Please help on this answer. I am getting confused as the $12,000 was withheld from the 50k conversion.
March 12, 2025
1:23 PM