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Why did my fed tax due increase by $2405 when I entered 1099-R that had turbo tax popup say that it would not be taxed? I moved a non-ded trad ira cont to roth ira.

 
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AnnetteB
Intuit Alumni

Why did my fed tax due increase by $2405 when I entered 1099-R that had turbo tax popup say that it would not be taxed? I moved a non-ded trad ira cont to roth ira.

If you are trying to report a back door Roth contribution, take a look at the instructions below to be sure this is how you reported the transactions.  If your balance due went up, be sure that you did not enter anything in the IRA contribution section regarding the money that was put into the Roth IRA -- that may cause an excess contribution. 

https://ttlc.intuit.com/replies/6768029


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