I converted my entire Traditional IRA to a Roth in December 2020. I know that this is a taxable event but after entering the 1099-R information, and answering the questions. the amount is showing as nontaxable. I can not figure out what question has been answered incorrectly to cause it to be nontaxable. Your help is appreciated.
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Sounds like you might have reported it as a rollover and not a conversion.
Where would I check for that information?
Delete the 1099-R and re-enter. When asked of you moved the money to another account say yes and be sure to enter the amount converted in the Roth conversion box.
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