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New Member

Why is TT showing my IRA to ROTH Conversion amount on line 5 of 1099-R Worksheet instead of line 4? The whole non-deductible amount went to the my ROTH, so...?

TT Premier not handling IRA to ROTH Conversions well.  :(  I think it has correctly made my Conversion a non-taxable event, but on the 1099-R Worksheet, it is showing the total distribution on line 5, which is the amount NOT converted to ROTH. Since ALL my gross amount was converted to ROTH should I zero out line 5 and put that amount on line 4 instead? Why can't TT figure this out? This should be a VERY EASY and COMMON transaction (IRA to ROTH Conversion).

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Level 15

Why is TT showing my IRA to ROTH Conversion amount on line 5 of 1099-R Worksheet instead of line 4? The whole non-deductible amount went to the my ROTH, so...?

I think that you mean lines 4 and 5 of the Form 1099-R Summary.  TurboTax has nothing called a 1099-R "Worksheet".

The result you presently are seeing implies that you did not indicate that any of the gross amount was rolled over to a Roth IRA.  Go back and edit the Form 1099-R reporting the distribution from the traditional IRA.  Be sure to indicate that you moved the money to another retirement account and the you converted the entire amount to Roth.

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New Member

Why is TT showing my IRA to ROTH Conversion amount on line 5 of 1099-R Worksheet instead of line 4? The whole non-deductible amount went to the my ROTH, so...?

Great, and WHERE do I do that? And yes, I am reading '1099-R Worksheet' in my Turbotax Premier and I'm guessing this is the designation given to this form by the IRS.
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Level 15

Why is TT showing my IRA to ROTH Conversion amount on line 5 of 1099-R Worksheet instead of line 4? The whole non-deductible amount went to the my ROTH, so...?

It seems that you might be making entries in forms mode.  Making entries in forms mode, particularly on TurboTax's 1099-R form, is prone to error.  Errors resulting from entries in forms mode are not covered under TurboTax's accuracy guarantee.

Make the 1099-R entries only in step-by-step mode under Wages & Income -> Retirement Plans and Social Security -> IRA, 401(k), Pension Plan Withdrawals (1099-R) and answer the follow-up questions.  I suggest going there, deleting the existing Form 1099-R and reentering it.