Thank you.....
FYI- If I follow the directions given, Turbo tax will not let me continue past entering the Info.
I cannot get to the screen that says " What did you do with the money "!!!
This is because the distribution code ON my 1099, is Code G, the taxable amount is blank, and the "taxable amount not determined" , is checked.
The only way I can get to the screen you mention is to put Code 7, or to fill in the taxable amount as the same as the gross distribution. ( which it is, since I converted the entire balance).
The financial institution is not sending me a corrected form 1099-R
So, again. I put in the taxable amount, and a code 7 ( normal distribution) and everything works fine. It shows up as taxable IRA on page 1, they deducted my taxes, and NO penalty....
Is it going to be a problem, that I put in a different code then the 1099 R, after all, I am correct ( even though its NOT a true distribution), But it is MY responsibility to enter correctly. Its the only way Turbo Tax works around this situation.... ( programming fix ?)
All input is appreciated. SR
