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Level 2
posted Mar 22, 2024 6:00:22 PM

I did in-plan conversion to ROTH 401K incl some post-tax money. Do I include non-taxable post-tax on line 3e form 1116, or subtract it in worksheet?

On 1040, post-tax is in 5a but not 5b. It is reducing my foreign tax credit and I know it is not taxable.

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1 Replies
Level 2
Mar 23, 2024 12:06:29 PM

Form 1116, line 3e, is what my original question was really about. I have since looked at past years, and the number that TurboTax enters is always much higher than my total gross income even though I did not do any post tax conversions, so that is not the issue. I posted another post asking how TurboTax is calculating this number and requesting that they add a worksheet showing the calculations.