How to properly enter Traditional IRA Roth IRA Conversion

[RandomUserName1]

how to heck do you enter this? Every time i try, it increases my overall income and taxes go up by around 1000.  Form 1040 Line 4B shows an amount of 6166.52, but I thought it should be zero (or maybe the 166.52).  If I am wrong, can i still flip this back to a traditional IRA counting in 2019?

Situation:

Single 

Income: ~$185000  (not eligible for deduction)

401(k) through work

Traditional IRA: Deposited $6000 into traditional IRA in June 2019

Conversion to Roth:  Converted 6166.52 to Roth IRA in June 2019 ( immediate interest income)

Forms received 1099R.  

Box 1 - 6166.52  

Box 2  - 6166.52

Box 7 -  Code 2

IRA/SEP/Simple checked

Follow up-  should box 7 be a different code (G) to reflect that it was a conversion not a withdrawal

[fanfare]

all you are missing is to tell TurboTax that you elect non-deductible on that $6,000 contribution for 2019.

That will generate your Form 8606 and it will come out a lot better.

Don't play games with the 1099-R.