dmertz
Level 15

Deductions & credits

TurboTax does this calculation behind the scenes and does not provide a way to view the calculation.  For most people MAGI for the purpose of a Roth contribution is AGI minus the amount of any conversions to a Roth IRA.  In less common cases there are a few additions to AGI.  The entire calculation, which TurboTax implements correctly, is described here:

https://www.irs.gov/publications/p590a#en_US_2025_publink1000230985

 

For TurboTax to treat the code-7 distribution as a Roth conversion, you must indicate that you moved the money to another retirement account and that you converted the entire amount to Roth.