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Level 2
February 26, 2021
Solved

TT has my taxable Roth conversion on Line 4a

  • February 26, 2021
  • 13 replies
  • 82 views
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.
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.

13 replies

Level 15
March 4, 2021

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

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caryncusaAuthor
Level 2
March 4, 2021

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

Level 15
March 5, 2021

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.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"