Question

Withdrawal from IRA to put into ROTH

Forum|Forum|1 year ago
February 19, 2025
1 reply
0 views

Withdraw money from IRA and transferred all of it to a ROTH in 2024. The program allows me to list the withdrawal but does not have a place to indicate it was then placed into a ROTH. Am I doing something wrong? It also does not show the distribution as an IRA distribution but as a pension/IRA distribution on my for 1040. Again am I doing something wrong? My other IRA withdrawal is showing up on the IRA distribution line on the 1040.

Thanks

Ask the Experts - Deciphering - Feb 2025

A

AnnetteB6

Make sure that you checked the IRA box when you entered the Form 1099-R. Then, you should see a follow-up question that asks what you did with the money that was distributed. One of the choices will be that it was converted to a Roth IRA.

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