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I did Roth conversion. I did not receive any money form this distribution. Does TurboTax add this amount to my modified AGI for affordable care act calculations?
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posted
June 4, 2019
4:15 PM
last updated
June 04, 2019
4:15 PM
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I did Roth conversion. I did not receive any money form this distribution. Does TurboTax add this amount to my modified AGI for affordable care act calculations?
If you took money from a deductible Traditional IRA and converted to a Roth, it will get added to modified AGI.
If it was a totally non-deductible IRA and then converted to a Roth (backdoor IRA) it will not get added to modified AGI.
June 4, 2019
4:15 PM
1 Reply
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I did Roth conversion. I did not receive any money form this distribution. Does TurboTax add this amount to my modified AGI for affordable care act calculations?
If you took money from a deductible Traditional IRA and converted to a Roth, it will get added to modified AGI.
If it was a totally non-deductible IRA and then converted to a Roth (backdoor IRA) it will not get added to modified AGI.
June 4, 2019
4:15 PM
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