dmertz
Level 15

Retirement tax questions

As defined in the tax code, the term "Roth conversion" only applies to the movement of funds from a traditional IRA to a Roth IRA, but because of the similarities it's not unusual to see the term used to describe a taxable rollover from a 401(k) to a Roth IRA even though it's not technically a conversion.  That's why the word ROLLOVER appears next to line 5b.