raford54
Returning Member

Investors & landlords

OK, I tried, but nothing different. I took screenshots of three steps to get to the part that TT deletes the data I entered for the 1099-R. I have blocked out specific information that is irrelevant to my questions. TurboTax Step 1 for IRA Rollover and Roth Conversion.jpgTurboTax Step 2 for IRA Rollover and Roth Conversion.jpgTurboTax Step 3 for IRA Rollover and Roth Conversion.jpg 

 

As you can see, the data has now been deleted. So, my understanding is that maybe I can get away with splitting my 1099-R into two. I will pick nice round numbers that have a very low value. 

 

Assume my 1099-R shows a withdrawal of $100 for 2022. 

I will change it to $90, and enter a second 1099-R for $10.

As I am entering the data for the first 1099-R as $90 withdrawal, I will then show an IRA Rollover for $20, and the balance of $70 will end of as used for something other than Rollover or Conversion. 

For the second 1099-R, I will show it as $10 withdrawal, and then show all $10 as a conversion to my Roth IRA. 

 

I haven't tried this yet, but if you believe that this is what I am supposed to do, I will try it so see what happens. I will probably put in a call to an old friend that is an Enrolled Agent to ask if this is normal practice to split up a 1099-R to see what he says. I will keep you posted.