You'll need to sign in or create an account to connect with an expert.
Make sure of the following entries. You probably did not enter that your 2017 contribution made in 2018 created 2017 nondeductible TIRA basis. Keep in mind you may want to delete the 1099-R that reports the conversion and start over to make sure you are picking up on all of the screen instructions that follow:
You will still have a few questions after this, but you will see the portion of your distribution that was from your nondeductible contributions will have been excluded from your taxable income.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
honeybadgerm
Returning Member
mdberes
New Member
FreakingTax
Level 1
claireliuqqqq
Returning Member
tb001
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.