How do I tell TT not to include Roth conversion amounts from a Trad distribution on 8606 line 7? TT asked about charitable QCD amounts but does not ask for Roth conversion amounts which should be reported on 8606 line 8 separately. The result is my 8606 line 7 is overstated and line 8 is blank. Thanks for helping me with this puzzle.
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Please be aware, you cannot rollover or convert a RMD. Therefore, if you indicated that all of your distribution was a RMD then the question for the conversion will not come up.
Please be aware, you cannot rollover or convert a RMD. Therefore, if you indicated that all of your distribution was a RMD then the question for the conversion will not come up.
DanaB27, I just wanted to thank you for the answer you sent. I ended the day yesterday not knowing the next step. When I started later today, I was really happy to see your answer. It really did make my day and the taxes are now completed and smart checked. I did notice that you sent me the email at 4 AM today. I hope you get a raise or some other recognition for the help you provided. I would give you 5 stars if I knew where to do that review. I will look around a little bit to see what I can find.
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