dmertz
Level 15

Retirement tax questions

Doing so will produce the correct result on your tax return with respect to this transaction but will not produce the correct result for your Roth conversion basis on the IRA Information Worksheet and could result in an incorrect result on Form 8606 Part III if you also received nonqualified distributions from a Roth IRA.

 

Only by splitting the Form 1099-R will TurboTax handle everything properly.