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Retirement tax questions
Thank you, I looked at the token and it still has a value other than $0 entered on the "Tell us the value of Your Traditional IRA" screen in the retirement section, therefore, TurboTax is still using the pro-rata rule and only part of the conversion is nontaxable.
I see you entered the value $0 in the IRA contribution section but this screen is different from the one in the retirement section. Please review your entry in the retirement section:
- Click on "Search" on the top right and type “1099-R”
- Click on “Jump to 1099-R”
- On the "Review your 1099-R info" screen click "Continue"
- Continue till you get to the "Tell us the value of Your Traditional IRA" screen and edit the entered value.
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March 10, 2025
6:22 AM