@dea
Dean, have someone similar, yet on the fringe case it seems.
Megaroth 401k backdoor conversion. Same concept here as IRA backdoor conversion yet for 401k.
I have a form that states Gross Distribution.
Think this was all entered properly in both Federal and State, yet not quite able to confirm.
The one spot that has me scratching my head is the Retirements Income Summary. The Gross Distribution is listed in the first column. Basis is blank. PA Income reads 0. Given the concept is identical, I presume I need to enter the Basis as the same as the Gross Distribution.
If Megaroth Backdoor conversion is not familiar DM and I will be happy to share resources.
UPDATE
There is no way to manually assign the basis here. Form is pulled from federal. Think this is actually accurate and would appreciate a confirmation if possible.
