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IRA CONVERTION to ROTH IRA

I have tried for five day to work this converstion problem to not get any results and NO HELP from TURBO TAX. 

 I WILL GO GET HELP AND NOT USE THIS AGAIN,  you do not contact a person that is trying to contact you. I reset my password to get an ERROR #9101-2068 but still NO person. 

  I have filled the Form 8606 an the computer said I will owe $ each year if left in

 it is a withdraw from IRA converted to Roht IRA and i pay the tax ,, but you can Not do it

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3 Replies

IRA CONVERTION to ROTH IRA

Exactly what are you trying to do?

 

Did you convert an existing Traditional IRA to a Roth?

Did that Traditional IRA have any non-deductible "basis" in it?

What code in box 7 on your 1099-R and is the IRA.SEP/SIMPLE box checked?

 

 

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

IRA CONVERTION to ROTH IRA

NO  I STILL CAN NOT COMPLETE  this convertion with out trippling my taxes. I have gone so far as to copy the instructions. by the time I get to the Form 1099-r the taxes are out of sight. There NO instructions (just fill in the blanks), I already have this 1099-r listed 

 I am NOT happy with how hard it is to do this one task!!!

 How do I get turbo tax help??? I am trying to convert an existing traditional IRA to a Roth.THAT IS IT>

IRA CONVERTION to ROTH IRA

You have not provided any details so you can be helped.

 

What code is on box 7 on your1099-R?

Is the IRA/SEP/SIMPLE box checked?

Do you have any non-deductible "basis" in the IRA?

Did you convert all of the 1099-R box 1 amount to a Roth?

Is the total 2020 December 31, value of ALL Traditional IRA accounts zero?

 

Did you import the 1099-R and have  duplicate that should be deleted?

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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