odysseus1001
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Hi, dmerz. Thanks for the quick response and the clarification!I see the distinction you are making. We were listing it as a roll-over not as a conversion, so w...
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Hi, Dmertz.The IRA/SEP/SIMPLE box in Line 7 of the 1099-R is checked (like it is on the 1099-R from Fidelity) and distribution code 2 is entered (as it is on th...
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Hi, Dana.Yes, there is a basis on my 2023 form 8606 Line 14 and yes, it was carried over into Line 2. Turbotax added line 1 (the new contribution) and Line 2 (t...
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Disappointing, but at least it's good to have a clear answer. Thanks.
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This was a very, very helpful answer when I had the same question. For me it was self-employment tax and SIMPLE IRA contributions. Thank you to BugMeNot!
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