My income is strictly from SSA and from my State's retirement system. There is no earned income. No W2 forms. I am using TurboTax Premier 2020. The questions asked when entering my 1099-R information concerning my retirement pension from the state makes me think that I could do a rollover of some or all of those funds into my Roth IRA. I know that this would be a taxable event. I am happy to pay the taxes on any funds now that I could rollover into my Roth IRA because if I get lucky and make big on the right investments, my returns on those investments would be non-taxable. I would like to do a rollover of part of my monthly state pension proceeds. From what I could gather, seeing that this would be a taxable event, I would not be held to the 60 day timeframe for rolling over funds received. Also, multiple rollovers could be made. I would not be held to just one a year. I could possibly rollover funds monthly? Am I understanding this correctly or am I missing something? Also, could you point me directly to the section and page of the 590-A and or 590-B instructions that support or deny this approach? I keep finding contradictions and am getting confused.
