@mklem9 wrote:
On the W-2, there is an amount in 12b marked with the code BB (Designated Roth contributions under a section 403[B] plan). Should I list that as an after-tax contribution? Turbotax says that if I enter an amount for this question, it will be like a correction to box 5 on the 1099-R.
No.
Your Code G 1099-R is reporting the 403 plan that was rolled to a Traditional IRA.
A Designated Roth contribution to a 403(b) Roth, if it was also rolled to a Roth IRA, must be reported to you on a separate 1099-R with a code H in box 7. A designated Roth rollover to a Roth IRA cannot be reported with a code G. The box 5 I asked about in the code G only applies to after-tax contributions that were in the 403(b) plan itself not a separate 403(b) Roth - which is always after-tax money.
**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.**
