- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Should form 8606 part 1 be filled out? I did a non-deductible IRA contrib then roth conv yet appears i'm being taxed on full contribution.
My 1099-R has gross distribution and taxable amount the same ($8K), and taxable amount checkbox not determined. Yet I have form 1040 4b with that $8000 marked as taxable. I indicated in Turbotax it was 100 converted to a Roth but it didn't ask me how much was post-tax income.
March 16, 2025
3:14 PM