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Returning Member
posted Jun 4, 2019 1:29:46 PM

Is a Roth Conversion from a traditional IRA different than a contribution to the Roth IRA?

Is a Roth Conversion from a traditional IRA different than a contribution to the Roth IRA?

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1 Best answer
Intuit Alumni
Jun 4, 2019 1:29:48 PM

Yes, conversions from a Traditional IRA to a Roth IRA are not counted as a contribution to the Roth IRA. 

If you are reporting a conversion, then you only enter the information from the Form 1099-R showing the distribution from the Traditional IRA.  You do not enter into your return that you made a Roth IRA contribution. 

1 Replies
Intuit Alumni
Jun 4, 2019 1:29:48 PM

Yes, conversions from a Traditional IRA to a Roth IRA are not counted as a contribution to the Roth IRA. 

If you are reporting a conversion, then you only enter the information from the Form 1099-R showing the distribution from the Traditional IRA.  You do not enter into your return that you made a Roth IRA contribution.