- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Here's the TurboTax help article for entering a Backdoor Roth Conversion.
It needs to be entered in both Wages & Income in Pension Plan Withdrawals (1099-R) for the conversion, and in Deductions for the non-deductible contribution.
And correct, only $14 should be taxable. When I look at the 1040 Preview per the instructions in the article (to double check), the Line 4a values are correct (showing just $14 taxable), as well as Schedule 1 Line 20, but for some reason it is still impacting both refunds.
‎January 16, 2025
7:35 AM