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How do I enter a Roth Conversion on Form 8606, Line 8?
I did a Roth Conversion in 2023. It is reported to me on Form 5498, but Turbo Tax says that form is not needed and not used. How do I enter the Roth Conversion on Form 8606, Line 8?
If you did a Roth conversion in 2023 you will have received a Form 1099-R that you must enter into TurboTax and indicate by marking the checkbox in the questions that follow that the distribution was converted to Roth.
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