nepmeh
New Member

1099-R shows taxable $6,500 convertion of a nondeductible ira to a roth. How to show this is not taxable?

I made a nondeductible Traditional IRA contribution. The next day I converted the entire amount to a Roth IRA.  This conversion should not be taxable, but the 1099-R shows the amount as taxable.  How do I correct this issue?