https://ttlc.intuit.com/community/retirement/discussion/457b-plan-classification/01/3660372#M249737 <P>State of Michigan wants me to indicate if funds came from a 457B plan.&nbsp; Recently did an conversion to ROTH from what is now an IRA but was initially set up in a 457B.&nbsp; Upon retirement my 457B was rolled into IRA accounts.&nbsp; I am wondering if classification is based on current IRA designation or 457B classification due to the fact that the funds were accumulated initially under that 457B plan?&nbsp; Makes a big difference on how the funds are taxed.&nbsp; Even if I class it as a conversion, if the 457 box is checked it changes the full amount to taxable.</P><P>&nbsp;</P> Tue, 15 Apr 2025 03:06:38 GMT Michiganma 2025-04-15T03:06:38Z https://ttlc.intuit.com/community/retirement/discussion/457b-plan-classification/01/3660372#M249737 <P>State of Michigan wants me to indicate if funds came from a 457B plan.&nbsp; Recently did an conversion to ROTH from what is now an IRA but was initially set up in a 457B.&nbsp; Upon retirement my 457B was rolled into IRA accounts.&nbsp; I am wondering if classification is based on current IRA designation or 457B classification due to the fact that the funds were accumulated initially under that 457B plan?&nbsp; Makes a big difference on how the funds are taxed.&nbsp; Even if I class it as a conversion, if the 457 box is checked it changes the full amount to taxable.</P><P>&nbsp;</P> Tue, 15 Apr 2025 03:06:38 GMT https://ttlc.intuit.com/community/retirement/discussion/457b-plan-classification/01/3660372#M249737 Michiganma 2025-04-15T03:06:38Z