topic Re: Silly question?: Roth Conversion Amount in Retirement tax questions

Silly question?: Roth Conversion Amount

JiminWashDC — Wed, 11 Feb 2026 08:32:27 GMT

I converted $76k from a traditional IRA to a Roth IRA. Taxes withheld were some $26k. @ When TurboTax asks "amount converted to a Roth IRA account," is the amount $76k or $50k? Thanks.

Re: Silly question?: Roth Conversion Amount

Bsch4477 — Wed, 10 Apr 2024 18:49:45 GMT

See @dmertz

Re: Silly question?: Roth Conversion Amount

dmertz — Wed, 10 Apr 2024 16:50:39 GMT

If you did not replace the $26k with funds from another source so as to deposit the entire $76k into the Roth IRA, you only converted $50k.

Re: Silly question?: Roth Conversion Amount

JiminWashDC — Wed, 10 Apr 2024 18:54:47 GMT

Thanks, dmertz. That was my first inclination. But see the first response above. That was my second inclination. Frankly, it was TurboTax's wording that made me second-guess my first thought: "We'll assume that everything that wasn't rolled over or converted was cashed out or wound up somewhere other than a retirement account." I guess, under further reflection, Uncle Sam's pockets are considered somewhere other.