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Get your taxes done using TurboTax
You have not provided any details so you can be helped.
What code is on box 7 on your1099-R?
Is the IRA/SEP/SIMPLE box checked?
Do you have any non-deductible "basis" in the IRA?
Did you convert all of the 1099-R box 1 amount to a Roth?
Is the total 2020 December 31, value of ALL Traditional IRA accounts zero?
Did you import the 1099-R and have duplicate that should be deleted?
**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.**
March 26, 2021
1:44 PM