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Retirement tax questions
Thank you for your reply. I don't know how to indicate in TT that the $18,500 distribution was converted to Roth. In the section "Let’s see if you qualify for the Saver’s Credit" >> "Did you receive any distributions from a retirement plan after 2021?" I clicked "Yes". The next section "Tell us about your distributions from retirement plans", I entered the $18,500 distribution in the field titled "2024 traditional IRA, Roth IRA, and other qualified plan distributions". When I click on "Continue", there are no further questions. I just get a message telling me that I don't qualify for the credit. I'm never asked whether the amount was converted to a Roth. I uploaded the 1099-R to TT, but it did not ask me any questions about the distribution.