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.

caryncusaAuthor

Level 2

@caryncusa wrote:

Lines 4a and 4b are the exact same amounts. It does not say Rollover by Line 4b.

You did not answer my question - what did you enter that is different from my screen shots.

Thanks for the screen shots!

The difference between your entries and mine are that I selected the response that said "Joe moved the money to another retirement account (or returned it to the same retirement account)."

After I saw your screen shots, I confirmed that if I select "Joe did something else with it (cashed out, etc.)", then box 4a is left blank.