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

Alerts and notices

Question

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

Answer

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 2018. 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)