DanaB27
Expert Alumni

Retirement tax questions

Yes, you can make contributions to the traditional IRA for 2024. Please see IRA contribution limits and How do I enter a backdoor Roth IRA conversion? for additional information.

 

You should have gotten a Form 1099-R with code G for the conversion to Roth IRA:

 

  1. Click on "Search" on the top right and type “1099-R”  
  2. Click on “Jump to 1099-R”
  3. Enter the Form 1099-R information
  4. On the "Did you move this money from a 401(k) to a Roth 401(k)?" screen answer "No"
  5. On the "Did you move the money to a Roth IRA?" screen answer "Yes"
  6. Say "Yes" to "Did you make after-tax contributions"

 

 

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