jred81
Returning Member

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Still not sure I have this correct because I now get an excess message.

 

1099-r received was for 7k

 

3 - Form 5498 

 

1st - Roth IRA conversion amount 1000, IRA type Roth

2nd - Roth IRA conversion amount 6000, IRA type Roth 

3rd - IRA contributions 1000, IRA type IRA.

 

Now I think we need to withdrawal 1000 because we are not over 50. Is that correct?

 

I created 2 1099rs but not sure if that is correct.