Thrift Savings Plan to ROTH IRA

[PCarrick]

I have a withdrawal from TSP, some of which I sent to a ROTH IRA for me and spouse.  TurboTax can't seem to identify it as a rollover conversion and thinks that we both exceeded ROTH IRA contributions.  How do I fix this?

[DanaB27 · Accepted solution]

Do not enter this conversion as a Roth IRA contribution. Delete the Roth contribution entry. You will only enter your Form 1099-R and indicate in the follow-up questions that it was converted to Roth IRA (within 60 days:(

1. Click "Federal Taxes" on the top and select "Wages & Income"
2. Click "I'll choose what to work on"
3. Scroll down and click "Start" next to "IRA, 401(k), Pension Plan (1099-R)" 
4. Answer "Yes" to the question "Did You Have Any of These Types of Income?"
5. Click "I'll Type it Myself"
6. Choose "Form 1099-R, Withdrawal of Money from 401(k) Retirement Plans, Pensions, IRAs, etc."
7. Click "Continue" and enter the information from your 1099-R
8. Answer questions until you get to “What Did You Do With The Money” and choose “I moved it to another retirement account”
9. Then choose “I did a combination of rolling over, converting, or cashing out money.” and enter the amount next to "Amount converted to a Roth IRA account"