rstone
Level 1
02-11-2021
02:51 PM
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Client rolled over a $100,000 IRA, $25,000 of which was converted to a ROTH. The 1099-R has code G in box 7 and $100,000 in box 1, $0 in box 2a. I put the $25000 as a Roth conversion amount on the 1099-R worksheet Line B6, but because code G is on the 1099-R, it is not taxing the $25,000 because it is saying it was complete rollover. The only way I can get the $25,000 taxed is to change the code in box 7 to 7 and put $25,000 in box 2a as the Taxable amount. Is there a way to show a partial roth conversion as part of a rollover?
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