Willyfromstlouie
Returning Member

Tax Penalty on Roth Conversion

I converted funds from my IRA to Roth IRA in December 2023 and paid estimated tax on the distribution at that time (Dec 2023). I entered the 1099-R information into Turbotax Deluxe along with the taxes paid (and the correct payment date) - Turbotax is calculating a tax liability distributed throughout the year as if the 1099R was a monthly pension.  Is this correct - how do get the program to align the 1099R distribution to the tax liability payments.  When i look at Form 2210 data - it shows the increased tax liability throughout each quarter.