jefran12
New Member

Retirement tax questions

I'm got a similar area of confusion.  This year I converted a $17,000 Rollover IRA to a Roth IRA.  I know that it was a taxable conversion.  However, when I entered the Form 1099-R, it said there was no tax due.  I wish that it was true, but I know that I owe taxes on this, but I can't figure out how or where to enter anything.