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Roth conversion from traditional IRA with some nondeductible contributions
I received an 1099-R showing the value of a partial conversion of a Traditional IRA to a Roth IRA. The "Taxable amount not determined" box is checked.
I have some nondeductible contributions to the traditional IRA and I've been tracking this annually through Form 8606, so I know my basis in the traditional IRA
I can't figure out where in TurboTax to enter the information so that it will correctly calculate the taxable portion of the Roth conversion. Right now form 1040 is showing the full amount of the Roth conversion as taxable, and I know this is not correct.
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‎June 3, 2019
6:31 PM