topic Why is my conversion of ira to roth ira showing as income in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/why-is-my-conversion-of-ira-to-roth-ira-showing-as-income/01/287891#M24634 Mon, 03 Jun 2019 17:40:08 GMT yoomeepak 2019-06-03T17:40:08Z Why is my conversion of ira to roth ira showing as income https://ttlc.intuit.com/community/retirement/discussion/why-is-my-conversion-of-ira-to-roth-ira-showing-as-income/01/287891#M24634 Mon, 03 Jun 2019 17:40:08 GMT https://ttlc.intuit.com/community/retirement/discussion/why-is-my-conversion-of-ira-to-roth-ira-showing-as-income/01/287891#M24634 yoomeepak 2019-06-03T17:40:08Z Because it is taxable.  And the Review and summary screen... https://ttlc.intuit.com/community/retirement/discussion/because-it-is-taxable-and-the-review-and-summary-screen/01/287924#M24638 Because it is taxable.  And the Review and summary screens show everything as income.  You need to check the actual 1040 line 15a and 15b and make sure the right taxable amount is on 15b.  When you convert a Traditional IRA to a ROTH you pay all the taxes now on it.  Then when you take a Withdrawal from the ROTH  it will be tax free. Mon, 03 Jun 2019 17:40:09 GMT https://ttlc.intuit.com/community/retirement/discussion/because-it-is-taxable-and-the-review-and-summary-screen/01/287924#M24638 VolvoGirl 2019-06-03T17:40:09Z