IRA to Roth conversion TY 2020

[rajprakash]

I want to show IRA to Roth conversion that I have done in TY 2020. But when I run  through the suggestions for this, it brings me to "non-deductible IRA contribution for 2020". I do not have that. All I have is the conversion. I do not see the option where I can choose "Convert $ from IRA to Roth IRA".

How do I get this option?
Alternately, is there a way to fill out form 8606 directly and submit directly.

Any help will be greatly appreciated.

[Opus 17]

Do you have your 1099-R yet for the IRA withdrawal?  When you enter the 1099-R, you will be asked what you did with the money.  If you indicate it was a Roth conversion, Turbotax will do the correct form. 

[rajprakash]

Thanks for the answer.

I have 1099R. When I fill out the information from it, it asks me whether I rolled money into another IRA. But it does not ask me if I  converted it to Roth IRA. I am not able to understand why is this so?

Any idea?

THanks.

[Opus 17]

I haven’t tested this part of the program.  If you select Rollover, it might take you to another page where you can say it was a rollover to a Roth instead of another traditional IRA.  

[rajprakash]

Thanks again for your reply.

BTW -- I am using macOS catalina. Not sure if this plays into this issue.

But I did select rollover and it give me a chance only for IRA not for Roth.

Is there a support number for TurboTax I can call? Thanks.

[Opus 17]

@dmertz  @macuser_22  what are we missing?

@rajprakash what is the distribution code in box 7?

[rajprakash]

the dist code is 7 - normal distribution.

[rajprakash]

Here is the interaction --

What Did You Do With The Money from ....Trust company?

1 -- Moved the money to another retirement account. 2. did something else.

I select option 1. Brings up two options.

1,  Rolled over money to traditional IRA or other retirement account.

2. Did a combination of rolling over, converting or cashing out money.

If I select option 1 --- DO not get convert to Roth IRA option.

I selected out of curiosity option 2.

It gives me " Tell us how much of this money is moved to IRA or another retirement account

Amount to the same retirement account -- $0

Amount Converted to Roth IRA -- $ whatever amount I converted,

This seems to work properly. But is this way supposed to work?

[macuser_22 · Accepted solution]

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@rajprakash wrote:

the dist code is 7 - normal distribution.

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Just select that you moved the money to another account and choose the convert button.