Roth IRA conversion; do I enter gross or net amount after tax withheld

dghemmes — Sat, 28 Feb 2026 14:52:33 GMT

I converted $50,000 from my IRA to my ROTH IRA. I had $10,000 withheld in Federal taxes. Do I enter $50,000 or $40,000 when I enter the conversion as part of my 1099R?

Re: Roth IRA conversion; do I enter gross or net amount after tax withheld

MindyB — Sat, 28 Feb 2026 14:57:24 GMT

When reporting your conversion, you should enter the gross amount of $50,000.

The IRS treats this as a $50,000 distribution from your IRA, with $40,000 being rolled over into the Roth account and $10,000 being distributed to you to pay the taxes. Since the $10,000 withheld was not deposited into the Roth IRA, that amount is not a conversion, it is treated as a regular taxable withdrawal.

topic Roth IRA conversion; do I enter gross or net amount after tax withheld in Retirement tax questions

Roth IRA conversion; do I enter gross or net amount after tax withheld

Re: Roth IRA conversion; do I enter gross or net amount after tax withheld