dmertz
Level 15
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Retirement tax questions

Reporting it as a rollover causes TurboTax to exclude it from Form 8606.  It must be reported as a conversion, not a rollover (even though a conversion is a special type of rollover).  In TurboTax you'll indicate that it was moved to another retirement account, that you did a combination of rolling over, converting and cashing out, then indicate the amount converted.

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