I converted $18,000 from my IRA to a Roth in 2022. I also had 22% taxes withheld during the conversion. The custodian issued two 1099R's - the first with the gross amount of $14,040 (Distribution code 2) and the second with a gross amount of $3,960 with taxes withheld of $3,960 (Distribution Code 1). When I input it into the software, the system generates a 10% penalty since I am under 59 1/2. I should not be paying a penalty since I converted the whole amount. How do I correct it in the software?
Thanks
