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When you convert to a Roth, the entire balance is taxable (unless the account included non-deductible contributions) but there are no early withdrawal penalties.
Enter the 1099-R exactly as printed. When you land on the 1099-R summary screen, select continue.
The software will ask a series of questions about "What you did you do with the money?" including Roth conversion questions.
When you convert to a Roth, the entire balance is taxable (unless the account included non-deductible contributions) but there are no early withdrawal penalties.
Enter the 1099-R exactly as printed. When you land on the 1099-R summary screen, select continue.
The software will ask a series of questions about "What you did you do with the money?" including Roth conversion questions.
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