Under Personal Credit for Retirement Savings Contributions, do I need to enter the amount from 1099-R 2a, even if it was converted immediately to Roth IRA?

[Carl]

yes. You enter the 1099-R exactly as printed. Note that contributions to a ROTH are taxable income. So if you converted from a traditional retirement account to a ROTH, then entire amount converted is taxable in the tax year of conversion. If you're under the Deductions & Credits tab for the contributions credit, you don't enter anything there. Just "work it through" and if you qualify for a credit, the program will know. I'm not sure, but I don't think there is any credit for a conversion. Only for actual contributions during the tax year.

[Sam78]

I'm in a similar situation. If I entered the 1099-R already do I then say "No" to the question "Did XXX have any distributions from a retirement plan after 2016 and before the due date of your 2019 return?" under the "Credit for Retirement Savings Contributions" section? It sounds like that's what you are saying but I want to be sure.

Thank you!

[dmertz]

Carl's answer is incorrect [where Carl says "yes."].   The amounts of any Roth conversions are not to be included when in the Retirement Savings Contributions Credit section TurboTax asks you to enter the amount of any distributions.

[Sam78]

I thought Carl essentially said the same thing. Or am I missing something? He said:

"If you're under the Deductions & Credits tab for the contributions credit, you don't enter anything there."

[dmertz]

I was taking issue with "yes," the first word in Carl's answer, since the question is asking about the TurboTax's Retirement Savings Contributions Credit section.