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Returning Member
posted Feb 4, 2021 10:25:39 AM

Did the Tax Rules for 2020 change for taxes on converting money from a Traditional IRA to a Roth IRA? It appears so when using TT premium. Ray A

For Tax Year 2020 I had to pay taxes on a Traditional IRA to a Roth IRA.
Did the tax law change for 2020?

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1 Replies
Level 15
Feb 4, 2021 3:27:30 PM

There have been no changes to the tax code regarding Roth conversions.  For some reason the TurboTax developers removed the converted-all option, so you'll have to say that you did a combination of rolling over, converting and cashing out, then enter in the conversion box the amount converted.