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Retirement tax questions
@xzhang09 - you are commenting on a year old post. It would be better to ask a new question and start your own thread.
But as a quick answer - do NOT enter ANYTHING in the IRA contribution section. A Roth *conversion* is not a contribution.
Enter the 1099-R in the retirement section and answer the follow-up questions. A 401(k) to Roth conversion is taxable.
If you have additional questions, we will be happy to answer, but please ask a NEW question and provide details.
I will close this year old thread.
But as a quick answer - do NOT enter ANYTHING in the IRA contribution section. A Roth *conversion* is not a contribution.
Enter the 1099-R in the retirement section and answer the follow-up questions. A 401(k) to Roth conversion is taxable.
If you have additional questions, we will be happy to answer, but please ask a NEW question and provide details.
I will close this year old thread.
**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.**
May 31, 2019
9:20 PM