royper
Returning Member

Deductions & credits

Sorry, I forgot respond directly to your response.

This was from a IRA that I am converting to a ROTH as in-kind.  The Form 1099-R has code 7 and has the IRA/SEP/SIMPLE box marked.  It also shows in 2b that tax is undetermined.  As I indicated in another response I expect to pay tax on all of this conversion.  I skipped over this conversion in the initial interview and need to go back fax it.  I am using TT deluxe on windows.

 

I need to know if enter code 7 in the first box on line 7 of the TT 1099-R form and code G in the second or the other way.

 

THanks for any help.

 

Roy