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How do I enter a qualified pension rollover to Roth without incurring 6% penalty for exceeding limit. IRS says I should be able to.
I have a qualified pension that was rolled over to a Roth as a lump sum. Turbotax tells me I have exceeded Roth limits for a contribution. I spoke to IRS and they tell me I need to enter it as a rollover, not a contribution. I cannot find a way to enter 1099R without the 6% penalty for exceeding Roth. Any help is appreciated.
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‎June 6, 2019
1:45 AM