My wife converted 100% of a traditional IRA to a Roth IRA in 2023. The corresponding 1099-R we received has two lines with two separate amounts for the same conversion. The first line contains the federal and state taxes we had withheld and the second line contains the amount that was actually coverted. TurboTax seems to only let me enter them like I received two 1099-Rs which we didn't. I am not sure how to account for these two lines in TurboTax when it was only one conversion
posted
February 28, 2024
4:51 PM
last updated
February 28, 2024
4:51 PM