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New Member
posted Feb 7, 2025 5:00:51 PM

"Did you move the money to a Roth IRA?" Only a portion was moved to ROTH IRA, the rest to traditional IRA. The amounts are wrong with either answer. How to split?

My form 1099-R has a large amount on line 1 and a small amount on line 2 (taxable). The non-taxable and taxable seemed to be lumped together as a ROTH conversion or non-ROTH conversion depending on how I answer the above question.

0 1 1955
1 Replies
Level 15
Feb 7, 2025 7:04:22 PM

What is the code in box 7 of the Form 1099-R?

Is the IRA/SEP/SIMPLE box marked?