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Retirement tax questions
Strange I replied but it's not showing up so trying this again...
@macuser_22 - Thank you! I followed your steps and I think I got it figured out. I hadn't added the IRA contribution yet and once I did it decremented my tax obligation (after having increased it when I added the 1099-R).
@dmertz - Thank you! I contributed $5500 for 2018 in early 2019 but did claim it on my taxes so Turbo Tax knew that I had 5500 basis at the end of 2018. I contributed another $6000 in 2019 and then converted to Roth resulting in $0 in the Traditional IRA at the end of the year.
Only thing that's a little strange is I contributed $11500 to the Traditional (none was deductible) and converted $11501 to Roth so it's showing $1 taxable income but perhaps that's accurate (also not enough to worry about).
Thank you!