1040-US: Using the Conversion from traditional IRAs to Roth IRAs field on Screen IRA

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.

Characters left:

MFA required for electronic filing

Effective May 3rd, the 2017 version of UltraTax CS requires multi-factor authentication (MFA) to access the electronic filing transmission feature in CS Connect.

Thomson Reuters is committed to proactively evolving our security features to help you protect your firm and your clients' data. For more information about multi-factor authentication, see Multi-factor authentication overview.


What should I enter in the Conversion from traditional IRAs to Roth IRAs field in Screen IRA?


Enter 2 if the taxpayer converted all of the assets in their traditional IRAs to Roth IRAs and received no other distributions (withdrawals) from the traditional IRAs during 2017. For all other conversion scenarios, enter 1. The tax application generates a diagnostic when this field is blank and conversion amounts are present in Screen 1099R.

Related topic: Individual retirement account FAQs (1040)

Share This