dmertz
Level 15

Retirement tax questions

This all would have been better if kept together on a single thread.

 

The $1,000 contributed in 2025 cannot have been converted in 2024, so would not be included on the code-2 2024 Form 1099-R.  If you have done any conversions in 2025, they will be reported on a 2025 Form 1099-R that you will report on your 2025 tax return.

 

All of the conversions done in 2024 should be combined on an single code-2 2024 Form 1099-R from the IRA custodian if they all were done from the same traditional IRA account.