https://ttlc.intuit.com/community/retirement/discussion/in-2016-i-converted-funds-from-a-401-k-psp-to-my-traditional-ira-and-also-making-a-2016-contribution/01/660620#M62849 The software seems to allow reporting of one or the other, but not both of these amounts.&nbsp;&nbsp;Any help would be appreciated! Thu, 06 Jun 2019 09:32:01 GMT bwagenma 2019-06-06T09:32:01Z https://ttlc.intuit.com/community/retirement/discussion/in-2016-i-converted-funds-from-a-401-k-psp-to-my-traditional-ira-and-also-making-a-2016-contribution/01/660620#M62849 The software seems to allow reporting of one or the other, but not both of these amounts.&nbsp;&nbsp;Any help would be appreciated! Thu, 06 Jun 2019 09:32:01 GMT https://ttlc.intuit.com/community/retirement/discussion/in-2016-i-converted-funds-from-a-401-k-psp-to-my-traditional-ira-and-also-making-a-2016-contribution/01/660620#M62849 bwagenma 2019-06-06T09:32:01Z https://ttlc.intuit.com/community/retirement/discussion/the-conversion-of-funds-will-be-reported-in-the-retiremen/01/660625#M62850 The conversion of funds will be reported in the Retirement Income Section in Turbo Tax.You should have received a 1099 R for this transaction.<BR /><BR />To enter a 1099-R:<BR /><BR />Select Federal Taxes<BR />Select Wages &amp; Income<BR />Scroll down and select start or review next to IRA, 401(k), Pension Plan Withdrawals (1099-R)<BR />Enter the information from the 1099 R you received<BR /><BR /><BR />To enter your contribution to an IRA:<BR /><BR />• Select Federal Taxes<BR />• Select Deductions and Credits<BR />• Select Show More at Retirement and Investment<BR />• Select Start at Traditional and Roth IRA contributions Thu, 06 Jun 2019 09:32:03 GMT https://ttlc.intuit.com/community/retirement/discussion/the-conversion-of-funds-will-be-reported-in-the-retiremen/01/660625#M62850 Fern 2019-06-06T09:32:03Z