You'll need to sign in or create an account to connect with an expert.
this works (tax = 0) only if you are converting an IRA worth $14,000 or less, and you include a Form 8606 showing a total basis of $14,000.
All your IRAs at all financial institutions must be counted.
I understand that I need to include the 8606, the amount is 14,005. (it made a few dollars prior to conversion to the Roth a week later), but within TT it has been impossible for me to figure out how to enter the 2019 and 2020 ND contributions in the 2020 return. Your answer was not helpful, for my situation.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
zzz8881
Returning Member
bhJogdt
Level 2
VAer
Level 4
frankiestylez
Returning Member
mdberes
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.