Hello @Lisa995 ,
I converted my traditional 401k to a Roth 401k in 2019. I expected to pay income tax on this. My 1099-R form has the full amount of the account in box 2a, and it has a code G in box 7. As I understand, usually the code G indicates a nontaxable event, BUT only if box 2a contains $0. If there is a dollar amount in box 2a, do I owe taxes on that amount (even if there is a code G in box 7, and no other number/letter in box 7)?
Thank you!
