@GeorgiaOnMyMind wrote:
Thank you for the information. My 401k administrator had the 1099-R, and I entered it into TurboTax. It still says I'm making an excess Roth contribution when I'm on the 5498 entry screens. Can you help?
You do not enter anything into the IRA contribution section at all.
Do you have a single 1099-R and part went to a Roth and part to a Traditional IRA?
TurboTax does not support a single 1099-R split between two destinations - it must be entered a spacial way with two 1099-R's.
What code is in box 7?
what is in box 2a,
What is in box 5?
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
