Thank you- here is the situation after I tried
I have 3 separate 1099-Rs related to the following transactions.
- Rollover of pre-tax dollars (allowed non-hardship distribution) from my 401k to Traditional IRA. Showing G as the distribution code. I assume this just shows Rollover to Traditional IRA. This is from the 401k administrator.
- Rollover of post-tax dollars that I had contributed to my 'After-tax 401K' to Roth IRA directly. Showing 1 as the distribution code. I assume this is still considered 'rollover' and should not have any tax implication as these were post-tax dollars from after-tax 401k. This is from 401k administrator.
- Roth conversion from Traditional IRA that has the pre-tax dollars from my 401k as described in #1 above. Additionally, this also has the non-deductible $6000 contribution I made to Traditional IRA which was converted to Roth (backdoor Roth conversion).
2 Questions:
Given the above information, does what you have described still makes sense as the order of entries in TurboTax?
Is it fair to say that the amount converted from #1 in to Roth will have trigger tax liability?
