topic Why does TurboTax assume Code G is for a Roth Conversion? in Retirement tax questions

Why does TurboTax assume Code G is for a Roth Conversion?

bangstons — Mon, 09 Mar 2026 07:46:53 GMT

"You indicated that you converted a traditional IRA to a Roth IRA with Code G in Box 7. However, if this is true it should have Code 1, 2, or 7 instead."

I performed a rollover from a Traditional IRA to a 401k. My institution tagged it as Code G which according to the IRS is correct.

Re: Why does TurboTax assume Code G is for a Roth Conversion?

MinhT1 — Thu, 17 Mar 2022 17:52:44 GMT

Code G is correct for a rollover from a Traditional IRA to a 401(k) plan.

You had this message because in the TurboTax interview you may have indicated that the rollover was to a Roth IRA. Please revisit your 1099-R entry and carefully answer all the questions in the interview.

Re: Why does TurboTax assume Code G is for a Roth Conversion?

dmertz — Thu, 17 Mar 2022 20:20:59 GMT

This is a bug in the online version of TurboTax. You can ignore the warning and indicate that the Form 1099-R is correct. Code G with the IRA/SEP/SIMPLE box marked has nothing to do with any kind of Roth account. The CD/download version of TurboTax does not have this bug.