RaifH
Expert Alumni

Get your taxes done using TurboTax

It looks like it is treating your conversion from the traditional IRA to a Roth as just a normal distribution. Check your entries for the 1099-R:

  1. Search for 1099-R and select the Jump to link in the search results.
  2. Continue through the screens to import or edit your 1099-R form.
  3. The IRA/SEP/SIMPLE box is checked.
  4. When asked What did you do with the money? select  I did a combination of rolling over, converting, or cashing out the money. Enter the money converted to a Roth and Continue.
  5. After a few more screens, it will ask Any Nondeductible Contributions to Your IRA? If you had a basis in your traditional IRA account, you may enter it here as well as the starting and ending values of the IRA so TurboTax can determine the taxable amount of the conversion. 

 

View solution in original post