- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
1) You need to file the missing Forms 8606 and file amendments to any incorrectly filed Forms 8606.
2) For the split rollover that you described, the single code-G Form 1099-R must be entered into TurboTax as two code-G Forms 1099-R, one with $8,000 in box 1, $0 in box 2a and $0 in box 5 for the portion rolled over to the traditional IRA and another with $2,000 in box 1, $0 in box 2a and $2,000 in box 5 for the portion rolled over to the Roth IRA.
‎September 5, 2023
11:56 AM
1,220 Views