I would think this would be easy, but I can't find instructions on how do you enter a traditional ira to roth conversion in TurboTax? The traditional IRA is all pre-tax money. I am 55 years old. I expect TurboTax to show that I will have to pay federal income tax on converted amount.
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Just to be clear, this is not a backdoor Roth converison. It is taking money from an existing traditional IRA and converting it to a Roth IRA.
Please follow these steps to enter the Form 1099-R for the conversion:
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