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New Member
posted Apr 14, 2024 3:39:59 PM

I never receive a pension so how do I answer this question?

do not know what a conversion is ?

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1 Replies
Expert Alumni
Apr 14, 2024 4:37:38 PM

If you didn't receive a Form 1099-R then you you do not need to enter anything in the retirement section,

 

A conversion is when you move funds from a pre-tax retirement to an after-tax retirement account. For example, from a traditional IRA to Roth IRA. Conversion are taxable unless you had a basis (after-tax contribution) in the account.