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Retirement tax questions
Thank you! Yes you are correct, it was a direct rollover to a traditional IRA and then a Roth conversion. Responses below in below. In this case, is it correct for Turbotax to "double counting" the rollover amount?
What is the code in box 7 of the Form 1099-R from the pension plan? G
Is the IRA/SEP/SIMPLE box marked? No
Is the amount in box 2a of this form zero? Yes
Any amount in box 5? None
What is the code in box 7 of the Form 1099-R from Fidelity? 2
Is the IRA/SEP/SIMPLE box marked? Yes
March 15, 2021
4:18 PM