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Get your taxes done using TurboTax
Thanks for the response. Answers inline:
Now did you ONLY have the 30K after tax amount in the 401K ? Or were there other contributions ?
>> There's other money in the 401K, and there were other contributions made to it as part of my company's 401K plan.
Did you convert the entire amount in the 401K?
> > No. Only $30K converted into the Roth IRA. In fact, I opened the Roth IRA for the s
>> sole purpose of making this $30K conversion.
Was the after tax contributions really to the 401K or were they made to a ROTH 401-K ?
>> It was converted to a Roth IRA, not a Roth 401-K
What was the box 7 code on the 1099-R ?
>> I actually didn't get a 1099-R. I made this contribution + conversion in Jan 2020. Does that mean I shouldn't account for this in any way until I file taxes for TY2020 next year?