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Retirement tax questions
Good evening,
In 2022 I completed a total distribution of a 457b to a Traditional IRA. I then converted $25,000 of the new Traditional IRA to a Roth IRA.
I'm using the online Deluxe Turbo Tax. I entered my 1099-R for the distribution from the 457b to the Traditional IRA. However, at that point I am not prompted to answer whether I converted the entire distribution to a Roth IRA or only a partial conversion to a Roth IRA.
I then upgraded to the Premier online version of Turbo Tax hoping that it would allow me to answer this question, but it was not an option there either.
Can anyone please help? How can I enter a partial conversion to Roth? Does the downloadable version of Turbo Tax allow you to enter a partial conversion to a Roth?
Best,
R
‎February 11, 2023
9:06 PM