lowryjb
New Member

Why is TT showing my IRA to ROTH Conversion amount on line 5 of 1099-R Worksheet instead of line 4? The whole non-deductible amount went to the my ROTH, so...?

TT Premier not handling IRA to ROTH Conversions well.  :(  I think it has correctly made my Conversion a non-taxable event, but on the 1099-R Worksheet, it is showing the total distribution on line 5, which is the amount NOT converted to ROTH. Since ALL my gross amount was converted to ROTH should I zero out line 5 and put that amount on line 4 instead? Why can't TT figure this out? This should be a VERY EASY and COMMON transaction (IRA to ROTH Conversion).