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Roth Conversion - Solved and Deleted

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DanaB27
Expert Alumni

Roth Conversion - Solved and Deleted

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3 Replies
DanaB27
Expert Alumni

Roth Conversion - Solved and Deleted

Correct, RMDs cannot be rolled over or converted but any additional funds above the RMD can be converted to Roth IRA.

Therefore, a conversions doesn't have an RMD.

 

Please note, I cannot see your attachment. 

 

If you took all your required RMD please make sure you indicate this at the end of the retirement interview:

 

  1. Click on the "Search" on the top right and type “1099-R” 
  2. Click on “Jump to 1099-R”
  3. On the "Review your 1099-R info" screen click "Continue"
  4. On the "Did You Miss a Required Distribution From Any Retirement Accounts?" select "None of these plans failed to withdraw the RMD"
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Roth Conversion - Solved and Deleted

Thankyou..

I realized that the Roth conversion should not be classified as an RMD after testing it with a value so I deleted the posting and the attachment.

I've added the attachment below. 

I believe it accomplishes the same as your suggestion. Agree??

DanaB27
Expert Alumni

Roth Conversion - Solved and Deleted

Yes, you entered this correctly.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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