DanaB27
Expert Alumni

Retirement tax questions

Yes, you entered the IRA information and Roth conversion correctly.

 

Your 2022 Form 8606 will show your basis from 2021 on lines 2, 3, and 5 ($6,000). Line 13  will show $6,000 as the nontaxable portion of distribution/conversion since you converted everything. Line 14 should be $0.

 

 

@CarrotStick 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"