tenant13
Full time employment: Posting here.
I THINK doing small conversions for the next 10 years might be tax neutral for me so why not. But I've never done one, never seen 1099-R form and have no clue what to enter into TT in order to estimate conversion taxes.
Could someone please post an example of what goes into which box (based on your own 1099-R) so I could play with numbers? Something like: Box 1: xxx, 2a:xx, 2b (which one is checked), 7: (is it B-designated ROTH account distribution), 8- (percent) etc. etc. There's a lot of boxes that TT is asking about but I wonder how many are actually relevant.
Could someone please post an example of what goes into which box (based on your own 1099-R) so I could play with numbers? Something like: Box 1: xxx, 2a:xx, 2b (which one is checked), 7: (is it B-designated ROTH account distribution), 8- (percent) etc. etc. There's a lot of boxes that TT is asking about but I wonder how many are actually relevant.