DanaB27
Expert Alumni

Retirement tax questions

Please note, the backdoor Roth instructions are for when you are making nondeductible Traditional IRA contributions and convert them to a Roth IRA. You made contributions to a 401(k) not Traditional IRA. All you need to to is enter the Form 1099-R and answer the follow-up questions:

 

  1. On the "Did you move this money from a 401(k) to a Roth 401(k)?" screen answer "No"
  2. On the "Did you move the money to a Roth IRA?" screen answer "Yes"

 

This correctly will be entered on line 5 of Form 1040.

 

If you did not make any Traditional IRA contributions then please delete you entry in the IRA contribution interview.

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