Hi, TomA1,
Here is a great article from TurboTax on Solo 401(k)s. Per this IRS publication, "A one-participant 401(k) plan is generally required to file an annual report on Form 5500-EZ if it has $250,000 or more in assets at the end of the year. A one-participant plan with fewer assets may be exempt from the annual filing requirement."
TurboTax online premium will help you meet your self-employed reporting needs (or you can use TurboTax Desktop Home and Business, if you prefer).
Whether or not you can make a solo 401(k) conversion to a Roth IRA will be dependent upon your plan rules. Please discuss that with your plan custodian. Contribution limits are governed by the rules mentioned in the first article.
Hope this helps.
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Regards,
Karen
TurboTax Expert
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