Retirement tax questions

If you repeat the interview, it is like starting over so you must re-answer the question.    Answers that only direct you to the next screen are not remembered.

 

A code G 1099-R that is rolled to a Roth is normally taxable unless there is an amount in box 5 that is subtracted from the box 1 amount and is in box 2a.   A code G implies a Traditional 401(k) that is before tax money that is taxable when  converted to an after-tax Roth unless the 401(k) contained after-tax contributions that would be shown 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.**