MarilynG1
Expert Alumni

Get your taxes done using TurboTax

Yes, a rollover from the traditional 401(k) to the Roth 401(k) would be taxable and affect MAGI. Is there an amount in Box 2 or is the Taxable amount not determined checked in Box 2b?

 

An in plan Traditional 401(k) to 401(k) Roth rollover *is* a conversion.

 

A conversion to a Roth has an impact on your taxes. Typically, most or all of the amount would be taxable.  A conversion of a Traditional IRA to a Roth IRA does affect MAGI.

 

Click this link for discussion on 401K to Roth 401K

 

Here's detail on Conversion you may find helpful.

 

This article on Calculating AGI/MAGI is also useful. 

 

 

 

 

 

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"