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tadebb
New Member

Why am I not able to do a traditional IRA to roth conversion

 I am trying to convert $10000 from a traditional to a roth IRA. My AGI is $0 due to losses. I am 61 so it is not an early withdrawal.  Turbotax seems to think I am trying to make a contribution not a conversion.

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Accepted Solutions
Hal_Al
Level 15

Why am I not able to do a traditional IRA to roth conversion

If you made a conversion, in 2018, you got a 1099-R for the "distribution". After entering the 1099-R, you will be asked what you did with the money. Convert to Roth is one of the choices.

It sounds like you entered the distribution in the IRA contributions section of TT, rather that the retirement income section. Go back there and delete it.

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2 Replies
Hal_Al
Level 15

Why am I not able to do a traditional IRA to roth conversion

If you made a conversion, in 2018, you got a 1099-R for the "distribution". After entering the 1099-R, you will be asked what you did with the money. Convert to Roth is one of the choices.

It sounds like you entered the distribution in the IRA contributions section of TT, rather that the retirement income section. Go back there and delete it.

tadebb
New Member

Why am I not able to do a traditional IRA to roth conversion

Thanks Hal_Al, you were correct.
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