topic TurboTax Premier 2023 for Mac - Roth Conversion Incorrect in Get your taxes done using TurboTax

TurboTax Premier 2023 for Mac - Roth Conversion Incorrect

msargent — Tue, 10 Feb 2026 08:52:37 GMT

When I input the 1099-R information for a Roth conversion this year, regardless of the box I check as to what I did with the money, TT decides that a random amount is subtracted from my Federal income and therefore not taxed.
This appears to be incorrect due to our overall income for 2023.

I started speaking with an individual named Rosa (?) however her phone was picking up a LOT of background noise and it was difficult to hear her clearly, then call was terminated and she did not call back.

Re: TurboTax Premier 2023 for Mac - Roth Conversion Incorrect

dmertz — Thu, 01 Feb 2024 02:05:56 GMT

The taxable amount of a Roth conversion is determined on Form 8606 and is not random. Review that form to see the amounts on which the calculation is done.

If the taxable amount is varying, it seems likely that you have made a traditional IRA contribution for 2023 and your AGI falls in the phase-out range for deductibility of that contribution. When in the phase-out range, the nontaxable amount of the conversion will vary with changes in AGI as you add income and above-the-line deductions because your basis in nondeductible traditional IRA contributions is changing.