DanaB27
Expert Alumni

Get your taxes done using TurboTax

To clarify, you had made a 2020 contribution but also took a 2020 distribution, and TurboTax is calculating your net contribution as your contributions prior to 2020 minus the 2020 distribution and therefore leaving the 2020 contribution out of the calculation?

 

Generally, you calculate the net contributions as all contributions minus any distributions. And the conversions amounts are entered on the next screens.

 

You might want to verify if something wasn't entered correctly on your 2020 tax return.

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