Retirement tax questions

Sorry for the misunderstanding. If the second company will fix the error then you can use Form 1099-R from company 1 to enter the transaction into TurboTax.

You might have to split the Form 1099-R and enter two Form 1099-Rs, one for the rollover and one for the conversion,  for TurboTax to handle this situation.

1. Click on "Search" on the top right and type “1099-R”
2. Click on “Jump to 1099-R”
3. Enter the first 1099-R for the rollover into the traditional IRA:
   1. Box 1 Enter amount send to traditional IRA
   2. Box 2b check
   3. Box 5 blank
4. On the "Did you move this money from a 401(k) to a Roth 401(k)?" screen answer "No"
5. On the "Did you move the money to a Roth IRA?" screen answer "No"
6. Enter a second 1099-R for the conversion to Roth IRA:
   1. Box 1 Enter amount send to Roth IRA
   2. Box 2b check
   3. Box 5 enter amount listed on Form 1099-R
7. On the "Did you move this money from a 401(k) to a Roth 401(k)?" screen answer "No"
8. On the "Did you move the money to a Roth IRA?" screen answer "Yes"

The second company will have to move the funds and associated earnings to the Roth as if never made to the traditional IRA since they made the error.