Smurphette819
Level 2
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Sorry, in my thank you above, I meant to say "non-deductible" when I said "taxable."
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Thank you. That worked. Awesome!BUT I am concerned that I did not indicate on my 1040-2019 that the taxable funds were converted into my Roth that year. Does th...
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Line 1 = $7000Line 2 = 0The problem is, I think, that there seems to be no way to explain that the $14,000 is for two years.
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I wish it were so!My Form 8606 shows a conversion on lines 8 + 16 of 1$4000 in 2020, which is correct.Since I can only convert $7000 for 2020, line 18 shows a t...
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Yes, I had no other traditional IRA's until I opened one for this purpose. I cannot find anything in TT about traditional to Roth conversions.
Activity Feed for Smurphette819
- Posted Re: Traditional IRA to Roth conversion on Get your taxes done using TurboTax. May 8, 2021 1:41 PM
- Posted Re: Traditional IRA to Roth conversion on Get your taxes done using TurboTax. May 8, 2021 1:39 PM
- Cheered Re: Traditional IRA to Roth conversion for macuser_22. May 8, 2021 1:34 PM
- Cheered Re: Traditional IRA to Roth conversion for DanaB27. May 8, 2021 1:32 PM
- Posted Re: Traditional IRA to Roth conversion on Get your taxes done using TurboTax. May 8, 2021 11:46 AM
- Posted Re: Traditional IRA to Roth conversion on Get your taxes done using TurboTax. May 8, 2021 8:13 AM
- Posted Re: Traditional IRA to Roth conversion on Get your taxes done using TurboTax. May 7, 2021 1:38 PM
- Posted Traditional IRA to Roth conversion on Get your taxes done using TurboTax. May 7, 2021 11:58 AM