Retirement tax questions

You just enter the 1099R.   What code is in box 7?  After you enter the 1099R it will ask what you did with it. Pick you moved the money to another account even if you put it back into the same account.

Then check the box.... You did a combination of rolling over, converting or cashing out the money.

Then another box opens up...Amount converted to a Roth account.  

It should show up as taxable on 1040 line 4b.    

 

DO NOT enter it again under Deductions.  It is not a new contribution to the ROTH.  

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