topic Using Turbotax Premier Online. Entering data for ROTH CONVERSION but TT treats it as a contribution and says I contributed too much to Roth IRA and has a penalty. in Retirement tax questions

Using Turbotax Premier Online. Entering data for ROTH CONVERSION but TT treats it as a contribution and says I contributed too much to Roth IRA and has a penalty.

44rbs — Mon, 09 Mar 2026 06:17:05 GMT

Reviewed interview questions with TT support and they agree answer is wrong but don't see where I answered questions incorrectly

DanaB27 — Wed, 09 Feb 2022 19:15:08 GMT

Please do not enter the conversion as a contribution under Deductions & Credits. You will have to enter it in the retirement section:

Login to your TurboTax Account
Click on "Search" on the top right and type “1099-R”
Click on “Jump to 1099-R”
Click "Continue" and enter the information from your 1099-R
Answer questions until you get to “Tell us if you moved the money through a rollover or conversion” and choose “I converted some or all of it to a Roth IRA”
On the "Your 1099-R Entries" screen click "continue"
Answer "yes" to "Any nondeductible Contributions to your IRA?" if you had any nondeductible contributions in prior years.
Answer the questions about the basis and value

44rbs — Thu, 10 Feb 2022 04:38:48 GMT

Thanks. It was one of the interview questions that was making the CONVERSION a contribution and reporting incorrectly