How can line 4b (Taxable amount) be greater than line 4a (IRA's, pensions and annuities)?

posted

Fully taxable IRA'a go on line 4b and nothing on 4a.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

How should line 5b on my 1040 be calculated for the mega backdoor Roth IRA? I don't understand how Turbotax calculated it.

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How can line 4b (Taxable amount) be greater than line 4a (IRA's, pensions and annuities)?

How can line 4b (Taxable amount) be greater than line 4a (IRA's, pensions and annuities)?

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How can line 4b (Taxable amount) be greater than line 4a (IRA's, pensions and annuities)?

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How can line 4b (Taxable amount) be greater than line 4a (IRA's, pensions and annuities)?

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