DanaB27
Expert Alumni

Get your taxes done using TurboTax

Generally, conversions are taxable unless you had a basis in the traditional IRA. Are you trying to enter a backdoor Roth conversion? If yes, then please review the instruction: How do I enter a backdoor Roth IRA conversion?

 

 

Please be aware that the whole distribution will show as income in TurboTax on the summary screen which shows gross income, not taxable income. To verify that the entry is correct please look at form 1040 line 4b (taxable amount).

 

To preview Form 1040:

  1. Click on "Tax Tools" in the left menu
  2. Click "Tools"
  3. Click "View Tax Summary" in the Tool Center window
  4. Click on "Preview my 1040" on the left

 

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