Thanks @ThomasM125 !
Just to make sure I understand correctly:
1) in TurboTax, in the Income section, when I describe the Roth conversion from the Rollover IRA, I specify
- the cost basis of the IRA as $0 because I did not make any contributions to this IRA other than rollovers. The contributions that I made to a different (non-deductible) IRA are not relevant for the Roth conversion event and should not be taken into account.
- the end of year value is the value of this Rollover IRA only; the value of the other IRA account is not relevant for the or the Roth conversion event and should not be taken into account.
2) In the Deductions section, where I describe non-deductible contributions, the cost basis is the total of all cost basis values of all traditional IRAs (i.e., $0 for the Rollover IRA + $XXX for the non-deductible IRA; the Roth IRA should not be included) and the year end value is the total of all traditional IRAs (i.e., $NNN for the Rollover IRA + $MMM for the non-deductible IRA; the Roth IRA should not be included).
Thanks again for your help - much appreciated!
