Converting to Traditional IRA to Roth IRA

 

Hello,

I have $1500 non deductible contributions made in 2019 (have FORM 8606).  The account is now $2500.  It was an oversight on my part to open the Traditional IRA when I was qualified for the Roth IRA.  Anyways I want to consolidate this small account.  The account is at TIA-CREF.  I also have a Roth IRA there.  I want to convert and move it the Roth IRA. Is that doable?

 

Also if I do the conversion as of this month, the tax on the earning will be paid next year when I do the tax filing and also use FORM 8606?  Is that simple to do using Turbo Tax software?  I have been using Turbo Tax for over a decade.


Thanks,

TT