Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Dec 14, 2021 7:05:03 AM

Does the program provide any guidance about the amount of Roth rollover possible with minimal impact on my return?

0 1 231
1 Replies
Level 15
Dec 14, 2021 7:39:18 AM

A rollover has no tax implications ... money is simply being moved from one ROTH to another ROTH. 

 

Or are you asking about a ROTH conversion ? 

 

If so when using the online program all you can do is keep changing the amount you enter on the 1099-R screen using a code 7 in box 7.