DanaB27
Employee Tax Expert

Retirement tax questions

You will have to keep track of the contributions and conversions separately because of the Ordering Rules for Distributions. If your previous contributions prior to 2021 to the Roth got deleted, then you can enter them again under IRA contribution:

  1. Click on "Search" on the top right and type “IRA contributions”
  2. Click on “Jump to IRA contributions"
  3. Select “Roth IRA” (you will have Roth and traditional IRA checked)
  4. Continue through the question until you get the “Let’s track your Roth basis” screen, answer “yes”.
  5. On the “Enter Prior Year Roth IRA Contributions

 

 

Yes, enter all your contributions to the traditional IRA for “Total contributions previously taxed by Massachusetts” since the traditional IRA contributions are not deductible in MA.

 

Yes, it will be contributions from prior to 2021. If the distribution from 2020 was the only one then you will enter that amount.

 

 

@AJ223

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