I have an aftertax 401K with my employer, and I convert those funds into a Roth IRA. Every year I receive a 1099R for this conversion. My 1099R states the amount that was converted in box 1 and a taxable amount in box 2a. It also lists my basis in box 5 and in box 7 code G. When calculating my taxable income, turbotax adds the amount in box 2a to the difference between box 1 and box 5. This effectively doubles my taxable income which I believe to be in error. I was hoping someone might have a solution to this dilemma?
