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markallisonmc
Returning Member

Where in TT do I input money converted from traditional IRA to roth?

looks like all the verbiage about roth was for a new account and not a conversion

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1 Reply
DanaB
Expert Alumni

Where in TT do I input money converted from traditional IRA to roth?

You should have received a 1099-R for this conversion. Please follow the instructions below:

  1. Click "Wages & Income" on the top
  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 converted all of this money to a Roth IRA account.”

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