Retirement tax questions
One place where I am getting stuck.
I was able to put in all my 1099-Rs including code G ($265 from my pre tax 401k roll over to Traditional IRA) saying I did not roll over in to Roth. Then I put in Roth conversion using code 2 which had nondeductible contribution of $6000 + $265.
TurboTax then said
which doesn't make sense. $260 should be taxable because it came from 401k pre-tax portion. Looks like TurboTax is treating nondeductible contribution ($6000) and pre-tax roll over to IRA ($265) as non-taxable... but in fact, $265 should be taxable.
Can you help?
