TT has my taxable Roth conversion on Line 4a

Forum|Forum|5 years ago
February 26, 2021
1 reply
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The IRS indicates that, unless you have an exceptional situation (not the case with me), you should leave line 4a blank and enter the total distribution (from Form 1099-R, box 1) on line 4b.

TurboTax Online

Best answer by ThomasM125

I'm not sure why it is showing up like that. In the instructions to form 1040, it mentioned to use line 4(a) if you had a rollover. In any case, it won't affect your taxable income or tax and I can't imagine that the IRS would be concerned about it.

BillM223

Level 15

Just to confirm, you did not have any nondeductible amounts in that traditional IRA?

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caryncusaAuthor

Level 2

This message is to confirm that I did not have any nondeductible amounts associated with that traditional IRA.

VolvoGirl

Level 15

I am happy to have received some replies regarding my situation.

It still seems to me that it is correct that, barring exceptions, the IRS says to leave line 4a blank & enter the total distribution on line 4b, but it’s not the end of the world that TurboTax does things differently.

Regarding the reply from ThomasM125, I take comfort in his reassurance where he says “it won’t affect your taxable income or tax and I can’t imagine the IRS would be concerned about it.”

Regarding the reply from macuser_22, I appreciate the suggestion regarding trying to re-enter the 1099-R. I tried revising exactly as suggested, and the result was the same.

And lines 4a and 4b are the exact same amounts? Maybe the cents are different (but cents don't show). Does it say Rollover by line 4b?