I have 5 1099-Rs:
- 2 x Traditional IRAs funded pre 2020 whose 'Total Distribution' was converted through a back door to Roth IRAs (one for me and one for my spouse): $0 taxable amount; Taxable Amount Not Determined NOT checked; Total Distribution checked; Code G; IRA/SEP/SIMPLE checked
*** I think it is these two above that are tripping the error but it is unclear ***
- 2 X Traditional IRAs funded in 2020 whose 'Total Distribution' was converted through a back door to Roth IRAs (one for me and one for my spouse): Full Amount is taxable; Taxable Amount Not Determined checked; Total Distribution checked; Code 2; IRA/SEP/SIMPLE checked
- 1 X 401K Mega Conversion: Taxable Amount is partial of the full distribution; Taxable Amount Not Determined NOT checked; Total Distribution NOT checked; Code G; IRA/SEP/SIMPLE NOT checked
The Error Message I get for 2 of the above forms is:
Form 1099-R (National Financial Serevices LLC): Full Roth conversion box should not be checked unless there is an amount on line B4, the amount that potentially could be converted to a Roth IRA.
