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Retirement tax questions
I have taken the RMD distribution in 2021 from my traditional IRA.
The RMD amount is composed of QCDs, a Roth conversion, and cash.
When I input these to the 1099-R via the questions, it shows the form as NOT DONE.
Line B6 shows the Roth conversion amount in red, and an error states: Partial Roth conversion amount cannot be greater than the amount on lineB1, the amount that could potentially be converted to a Roth IRA.
In spite of the error symbol, the return checks correctly (can be filed) and the Form 8606 shows the proper amounts on lines 7 & 8.
Shouldn’t this be fixed?
April 7, 2022
8:46 AM