DanaB27
Expert Alumni

Retirement tax questions

Yes, you will put only the $1,088.03 for the amount converted to a Roth IRA unless you replaced the withheld taxes.

 

The withheld taxes would be considered cashed out if you didn't replace them with outside funds.

 

TurboTax will carry the federal tax amount from box 4 to line 25b of Form 1040.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"