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Retirement tax questions
Thanks for your response.
I think you missed the point of my question. I realize Form 5498 doesn't get entered in TurboTax. My question is where can I enter the Form 5498 – Box 2 amount in the TurboTax software, so that my tax return is consistent with the forms the IRS will receive?
Or think about it another way and forget about the 5498 for the moment. Where does my $6,000 Roth Indirect Rollover Contribution get entered in TurboTax?
I see nothing in the Form 1099-R in TurboTax that could be used for this purpose. That is why I am asking for your help. The interview questions are useless. When I answer them, TurboTax wants to count the rollover as a contribution and then it tells me I contributed too much to my IRAs. That is incorrect information and causes all kinds of issues in TurboTax
I am hoping someone can read my question carefully and possibly provide a thoughtful and complete answer.
Thanks,
Steve