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Deductions & credits
I am retired. I converted an IRA (using in kind conversion) to a ROTH. None of the funds come to me and these are IRA not 401K, etc. I expect to pay taxes on the entire amount. How do I enter that in Turbo Tax Deluxe 2024? Should I select code 7 and G in line 7 of the 1099-R form? I had skippped that over this area in the first interview and am now going back using the manual process to fix it.
Thank you.
‎February 1, 2025
12:56 PM