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

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Question

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

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 2021. For all other conversion scenarios, enter 1. UltraTax CS generates a diagnostic when this field is blank and conversion amounts are present in the 1099R screen.

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