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Retirement tax questions
You said that you opened it yourself - did you first roll the 401(k) to a Traditional IRA and then convert that to a Roth?
If so then the 1099-R box 1 for the rollover to a Traditional IRA would be on line 16a with the word ROLLOVER and the 1099-R for the Traditional IRA to Roth conversion on line 15b..
The summary screen would show the box 1 totals from both 1099-R forms.
If so then the 1099-R box 1 for the rollover to a Traditional IRA would be on line 16a with the word ROLLOVER and the 1099-R for the Traditional IRA to Roth conversion on line 15b..
The summary screen would show the box 1 totals from both 1099-R forms.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎June 6, 2019
4:04 AM