- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Roth IRA Conversion
I am going to do a Roth IRA Conversion this year (2021) where I rolled from a traditional IRA that was funded from taxed dollars several years ago. So when I convert, most of the $ should not be taxed since the bulk of the money has been taxed. There will be a small amount of investment profit. My question is how do I enter into Turbotax showing the amount correctly so it will not calculate as all needing to be taxed.
Thanks in advance.
March 13, 2021
9:21 AM