Retirement tax questions


@macuser_22 wrote:

@caryncusa wrote:

Lines 4a and 4b are the exact same amounts.  It does not say Rollover by Line 4b.


You did  not answer my question - what did you enter that is different from  my screen shots.


Sorry, I misread the original question - you said converted to a Roth.   In that case then 4a and 4b must  be the same.

 

1040 instructions:

 

Exception 2. If any of the following apply, enter the total distribution on line 4a and see Form 8606 and its instructions to figure the amount to enter on line 4b.

 

3.You converted part or all of a traditional, SEP, or SIMPLE IRA to a Roth IRA in 2020.

 

 

**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.**

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