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If you have no IRA basis (shown on your latest Form 8606) , your distribution is totally taxable.
That's it.
Thanks for the response but doesn’t answer my question.
If you converted from a IRA to a ROTH IRA. After you enter the 1099R......
Pick - I moved the money to another retirement account
Then choose - I did a combination of rolling over, converting or cashing out the money
Then it will ask how much you converted to a ROTH
And do not enter it as a contribution under Deductions!
That should be all you do. It will all be taxable and the word ROLLOVER will be by 1040 line 4b.
You didn't actually pay the tax. You had taxes withheld like from your paycheck. You still have to enter the whole gross amount (before taxes were withheld) with your other income to figure out the total tax (and it may put you into a higher tax bracket and can reduce any credits) and then the withholding is subtracted from the total tax to figure your refund or tax due. The Gross amount shows up on 1040 line 4a and the taxable amount on 4b. The withholding will show up on 1040 line 25b.
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