Moved money from IRA to ROTH
Hi, I moved money from IRA to ROTH. I have been retired for 2 years. I am doing this to save on future taxes but confused on the outcome - Turbo Tax says I don't owe any taxes on this? I am confused as I thought this was treated as Ordinary Income. The distribution on the 1099-R was set as a "2". Any advice please. Thanks