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@Gainsboro wrote:
I had an IRA distribution that was split between a cash payout, charitable contributions and a Roth conversion. TurboTax gives me an error report that the amount of Roth conversion that I claim cannot be higher than line B1 of the 1099-R form. Line B1 is the amount of a traditional IRA or pension that is rolled over to another traditional IRA or pension, which for me is zero. This should have no bearing on the amount converted to a Roth
Turbo Tax instructs me to enter the Roth conversion on lines B4 or B5, which I did. Turbo Tax gives me an “allowable” amount for a Roth conversion that is lower than my actual, but also higher than line B1. So even the Turbo Tax amount should give me an error message. This is why I believe that there is a software problem.
Delete the 1099-R and re-enter. After the RMD question it should ask if there was a QCD - enter that, then say you "moved" the money and did a combination of things - enter the amount converted.
Note: if you do not get the RMD and QCD question then:
2020 TurboTax presently has a bug the prevents it from asking the necessary question for those with birthdates between July 1, 1949 and June 30, 1950. As a workaround for this, with the CD/download version you can provide the QCD-amount information on the 1099-R in forms mode or in any version of TurboTax you can temporarily change your birthdate in TurboTax to something before July 1, 1949, edit the 1099-R form in TurboTax and answer the question asking how much was transferred to charity, then change your birthdate in TurboTax back to your actual birthdate.
