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Retirement tax questions
For a Roth conversion from a traditional IRA you must indicate that you moved the money to another retirement account, that you did a combination of rolling over, converting and cashing out, then enter the amount converted to Roth.
If this was a rollover from a traditional account in a qualified retirement plan (401(a), 401(k), 403(b), governmental 457(b) or the federal TSP) to a Roth IRA, nothing of this is to be reported on Form 8606. Form 8606 is only used for reporting nondeductible traditional IRA contributions and certain distributions IRAs.
‎February 4, 2023
3:29 PM