Get your taxes done using TurboTax

macuser_22 · ‎March 21, 2021

@gehua wrote:

I have been following this topic to enter the backdoor Roth IRA conversion into TurboTax 2020 Home and Business. However, I can go as far as Step 2-6 from the topic because there is no option of "I converted all of this money to a Roth IRA account."

There are two options on my screen:

** roll over all of this money to another traditional IRA or other retirement account (or return to the same account)

** did a combination of rolling over, converting, or cashing out the money.

No.2 is clear the wrong one. No.1 option is about "roll over" which is not the same as "conversion". What can I do to make it a roth IRA conversion?

No 2 is the correct answer since TurboTax removed the "converted all" choice. Just say a combination and enter the amount converted in the lower box. That is the same thing. ("Combination" is the wrong wording - it should say one or more of the following).

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**