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Retirement tax questions
Thank you for your explaination, I understand that I do not report the 1099-Q for a 529 plan to a Roth IRA rollover. But do you still report that you made a Roth IRA contribution for 2024 under the Deductions & Credits tab under the Retirement and Investments Section? For example, I rollovered $7000 (the max IRA contribution for 2024) from a 529 Plan. Do I enter that I made a $7000 to a Roth IRA in 2024?
March 24, 2025
12:15 PM
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