I have a 1099-R form for a Traditional IRA to Roth IRA conversion. Box 1 (Gross distribution) and 2a (Taxable amount) are both set to the same number and Box 2b (Taxable amount not determined) is checked. I have a basis carryover for this Traditional IRA but I don't see any place to lower the taxable amount by this basis, so Turbo Tax is trying to tax me for the entire amount in Box 1 and 2a. How do I get the basis points factored in?
After entering your 1099-R and indicating that it was conversion to Roth IRA there should be a question coming up "Any Nondeductible Contributions to X IRA?" After that TurboTax will walk you through some questions to enter the basis you had in the traditional IRA.
Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.
Explore your optionsEnter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2026 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, Credit Karma, and Mailchimp are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.
Security Certification of the TurboTax Online application has been performed by C-Level Security.
By accessing and using this page you agree to the Terms of Use.
© 2026 Intuit Canada ULC or its affiliated companies. All rights reserved. Intuit, QuickBooks, QB, TurboTax and ProFile are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.
Copyright © Intuit Canada ULC, 2026. All rights reserved.
© 2026, Entreprises Intuit Canada ULC ou ses sociétés affiliées. Tous droits réservés. Intuit, QuickBooks, QB, TurboImpôt et ProFile sont des marques déposées d’Intuit Inc. Les modalités, prix, fonctions et options de service et de soutien peuvent changer sans préavis.
© 2026, Entreprises Intuit Canada ULC. Tous droits réservés.
