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Level 2
Feb 7, 2020 6:18 PM UTC
Solved

IRA conversion and estimated payments

Where do I enter a traditional IRA conversion to a Roth for 2020 estimate completion? Is it in the "Enter 2020 Other Income" page?  Do I just enter the full amount converted?

    AnnetteB6Answer
    Employee Tax Expert
    Feb 7, 2020 8:02 PM UTC

    Yes, make the entry in the Other Income section as you go through to generate your 2020 estimated payments.  

     

    Yes, enter the full amount converted as income.  

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    1 reply

    AnnetteB6Employee Tax ExpertAnswer
    Employee Tax Expert
    Feb 7, 2020 8:02 PM UTC

    Yes, make the entry in the Other Income section as you go through to generate your 2020 estimated payments.  

     

    Yes, enter the full amount converted as income.  

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"