Retirement tax questions


@R-CBriarwood wrote:

So the option to code it as a Traditional IRA transfer into a Roth IRA is gone?  

Why was this option removed?


There is no such code and never has been.     A Traditional IRA to Roth is the same as any other IRA distribution, you must report that it was a taxable distribution if converted to a Roth on the 1040 form line 4 and  8606 form that TurboTax will add for you when you enter the Roth conversion in the interview.

**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.**