Roth IRA Basis Not Corrrect

jonic — Wed, 11 Feb 2026 03:52:39 GMT

I received one 1099-R which includes a taxable Roth conversion from my 403b to a Roth, and also a rollover from my 403b to a Rollover IRA (not taxable). The gross distribution and taxable amount are combined for these two events on this 1099-R. When I enter the 1099-R, Turbo Tax asks me if it is a Roth Conversion. I answered yes, and it adds the entire gross distribution to my Roth basis on the Roth IRA Info Worksheet. I only want the portion associated with the Roth to be included in the Roth basis, not the entire amount which includes a Rollover IRA which isn't a Roth. It doesn't appear there is a way to split it and when I go directly to the Roth IRA Info Worksheet it won't let me override it. It is calculating the tax correctly but I didn't want this to cause me other issues later on. How do I fix it? The only way I could think of is to enter the 1099-R as two separate pieces but then it won't match what the IRS receives. I want Turbo Tax to have my Roth basis listed properly.

Sorry I initially posted this in the "After you File" section. I have not filed yet so I am reposting here.

Re: Roth IRA Basis Not Corrrect

dmertz — Sun, 11 Feb 2024 00:15:53 GMT

To accommodate TurboTax's limitations, you must split the Form 1099-R into two, one for the portion rolled over to the Roth IRA and that other for the portion rolled over to the traditional IRA.

topic Roth IRA Basis Not Corrrect in Retirement tax questions

Roth IRA Basis Not Corrrect

Re: Roth IRA Basis Not Corrrect