I suggest deleting everything that you entered and start over with 2019.
On your amended 2019 tax return that can only be done using the CD/download 2019 software installed on your computer enter the Roth contribution and say you switched it to a traditional IRA. Enter the exact amount of the contribution not any gains or losses. That should produce a 2019 8606 form with the contribution amount on lines 1,3 and 14.
In 2020 enter the Roth contribution and and say you switched it to a traditional IRA.
In 2020 enter the 1099-R code 2.
Answer the follow-up questions answer the question that you moved the money to another retirement. The screen will open up with choices of where it was moved. Choose you converted it to Roth IRA.
When asked if you have made any non-deductible contributions say " "yes" if you did then enter the non-deductible contributions made for tax years before 2020.
Enter the 2019 8606 line 14 value.
Enter the 2020 year end value of your Traditional IRA a "0" (zero) - if it is in fact zero - this tax free Roth conversion will not work if it is not zero -it will be partly taxable.
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To amend 2019 see below.
2019 and earlier can only be amended with TurboTax using the CD/download version installed on a PC or Mac computer.
2019 amended Federal returns can either be e-filed or mailed. 2018 and earlier amended returns can only be mailed. It is suggested that it be mailed certified with return receipt (or other tracking service) to verify that the IRS or state receives it.
See this TurboTax FAQ for detailed amend instructions:
https://ttlc.intuit.com/questions/1894381-how-to-amend-change-or-correct-a-return-you-already-filed
-- Amended returns can only be mailed - allow 8-12 weeks - can take up to 16 weeks (4 months) for processing.
You can check the status of the amended return here, but allow 3 weeks after mailing.
https://www.irs.gov/filing/wheres-my-amended-return
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**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.**
