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Retirement tax questions
To add more detail here.
I took about $60k from an IRA. Say the IRA value was $200k total. So only a partial conversion.
TurboTax seems to want to add a 6% tax for excess Roth contributions. Form 5329-T
Did I somehow mess up a question when entering the 1099-R?
I see form 8606 discussed with possible issues.
Are there corrections on 8606 which will show this as a conversion and not a roth contribution?
TIA
‎April 2, 2021
7:32 AM