GatorCO
Returning Member

Retirement tax questions

I just noticed the * next to lines 13, 15c, and 18 and now see that TurboTax filled out the Taxable IRA Distribution Worksheet.  So I guess that explains why there is nothing on 6-12 on the 8606.   Line 4 of the worksheet has the $1200 that I contributed to the Roth in 2019 and recharacterized to the TIRA this year.  And line 9 & 11 nontaxable portion is 5759.  This gets transferred to for 8606 line 13 & 17. 

So I guess the gains (5749-5500=249) from the 2019 TIRA conversion do not get taxed.  Still don't understand why, but seems like I've entered the numbers correctly and TurboTax is calculating correctly.