Get your taxes done using TurboTax
My steps look a bit different. Yours are:
- After a few more screens, Tell us if you moved the money through a rollover or conversion select I converted some or all of it to a Roth IRA and confirm you converted the entire amount. (ON my screen it looks like this, with the options checked as shown below):
- Once you return to the Your 1099-R Entries, select Continue (Done)
- Answer the disaster distribution question (Done )
- Select Yes to Any Nondeductible Contributions to your IRA? (Done - it pulled in my basis as of year end 2020)
Then it ask for the "Value of Your Traditional IRA" and to enter the total value of TIRA's, SEP and SIMPLE accts as of 12/31/21. I only had the one TIRA. I entered $6 (as shown below) since both of the rollouts essentially lowered the remaining balance to that amount (to keep the account open).
Verification (based on what you indicated) confirms the total amount that came out of the TIRA equals the amount that went to the 401K + the amount that went to the Roth IRA) on Line 4a, and Line 4b has "zero."
