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1st time Roth Conversion, need help pls
I have always used Turbotax and our situation has always been straight forward. In 2022 we did a Roth conversion and things have gotten complicated. I uploaded my documents through Fidelity (1099-R). On the next screen, "Rollover of 401k to Roth 401k", I answered yes to the question question "this money rolled over to a designated Roth 401K", nothing else was asked about the conversion and Form 8606 wasn't generated. Do I now need to list the conversion as a new Roth contribution for 2022? When I try to do that, Turbotax tells me I've overfunded the Roth. Help - what am I doing wrong? TIA
‎February 18, 2023
10:42 AM