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The 1099-R Gross distribution is from a Roth conversion and a qualified IRA distribution, but I can only indicate one source, which should I indicate?

Form 1099-R, data entry into TurboTax Wages and Income for 1099-R.

About 1/3 of the gross distribution is from a Roth Conversion.  The other 2/3 is from a normal qualified IRA distribution.  So I have two types of distribution on this one 1099-R form, however I can only select one type of distribution in the TurboTax form where I indicate the source of the distribution .  Should I just indicate one type of distribution, and if so, which one should I select.  Or is there a way to indicate both types of distribution? 

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Accepted Solutions
Hal_Al
Level 15

The 1099-R Gross distribution is from a Roth conversion and a qualified IRA distribution, but I can only indicate one source, which should I indicate?

After entering the 1099-R, you will be asked what you did with the money. Answer that you rolled it over to another retirement account. The follow up  Turbotax interview will give you a chance to split the amount received into two  parts; Roth conversion and cash out (qualified distribution)


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1 Reply
Hal_Al
Level 15

The 1099-R Gross distribution is from a Roth conversion and a qualified IRA distribution, but I can only indicate one source, which should I indicate?

After entering the 1099-R, you will be asked what you did with the money. Answer that you rolled it over to another retirement account. The follow up  Turbotax interview will give you a chance to split the amount received into two  parts; Roth conversion and cash out (qualified distribution)


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