I did exactly as you indicated, deleted the 1099R, split it into two identical 1099Rs except for: $100,000 in Boxes 1 and 2a for the ROTH conversion, answered questions and an 8606-T was created with Part II completed. Part I is blank; $25,000 in Boxes 1 and 2a, indicated in questions that I took cash. The $25,000 STILL does not show on Line 4b!
I went back, deleted the $25,000 1099R and started again. I carefully watched the Federal REFUND box at the top of my screen and as soon as I entered $25,000 into Boxes 1 and 2a, the refund went from $15,000+ to $9,000+. 👏 However......as soon as I checked ☑️ IRA/SEP/SIMPLE, the refund went back up to $15,000. If I don’t check the box and Continue to the next page it asks if I forgot to check the box.
There is no “basis” in this IRA. It passed into my name when my husband died on 02/24/2020. He did not take a distribution from it in 2020. The 1099R is in my name and Box 7 has a 7 in it. What do you think is the problem? I did not contribute to the IRA. I did not mark this distribution as an RMD. Could the blank Part 1, Form 8606 have anything to do with this?
