Corysnyder28
Returning Member

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?