- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Be sure that when you are answering the follow-up questions after entering the Form 1099-R for the distribution from your Traditional IRA (that was converted to your Roth IRA) that you did not indicate that the money was rolled over to another retirement account. If you see a question asking if it was rolled over, be sure to select the other choice. Then you should see an option to specify that the money was converted to a Roth IRA.
Also, you should check the distribution code shown on your Form 1099-R to be sure that it does not indicate a direct rollover. If it does, then you may need to contact the issuing company for further explanation or a corrected Form 1099-R.
Here are a couple of TurboTax help articles that may give you more guidance:
What do all the codes in Box 7 of the 1099-R mean?
How do I enter a backdoor Roth IRA conversion?
**Mark the post that answers your question by clicking on "Mark as Best Answer"