First time TT user here.
On last year's tax return that was done through a tax professional I see under the 'carryovers to 2022' general information section (both for federal and state) the following line: "Taxpayer Roth Conversion/Rollover Basis" and the relevant amount.
Two questions:
- If I understand correctly, this is just informational and not something that I need to enter somehow into this year's return, right?
- Also, if I understand correctly, TT can help me track the Roth IRA basis using the 'IRA information worksheet' but I don't understand where and how to enter this data in that worksheet. Any guidance on this would be greatly appreciated.
