Wanting to know what I would put in for a 1099-r F...
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
stevens73
Level 2

Wanting to know what I would put in for a 1099-r Form If I did a Backdoor Roth IRA conversion in 2020

I think I just need to remove my 1099-r Form on Turbotax for this year I think. I know I might need to fill it out next year. I added all the money and moved all in 2020 for 2019. I know I do need the 8606 filled out and got that one done. When I was looking at the program on how to do all of this it did say something about the 1099-r form. Only I think that it is when everything was done in 2019. SO I just want to be 100% on this before I move on and remove that form. I did not get one for my account and did not see it online. 

 

I was also wondering do I have to fill it out and try to figure out if I had any gains to fill it out.

I did ask about the 8606 form only, I never heard about the 1099-R to be sure about it.

 

Thanks so much

 

 

2 Replies
macuser_22
Level 15

Wanting to know what I would put in for a 1099-r Form If I did a Backdoor Roth IRA conversion in 2020

Just delete the unneeded 1099-R.

**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.**
stevens73
Level 2

Wanting to know what I would put in for a 1099-r Form If I did a Backdoor Roth IRA conversion in 2020

Ty, I was thinking that is what I needed to do. I think the only reason it showed up in the first place was I was looking for it when the help area had stated it. I really did not say if it was for 2019 or for 2020. Ty

 

Dynamic AdsDynamic Ads
v
Privacy Settings