Question
1099-R and form 8606
Client has a distribution from SEP-IRA which he is converting to a Roth IRA. He has a deductible contribution to a regular IRA. ProSeries takes amount from form 1099-R to form 8606 and computes a portion as non taxable. I had to override to be 100% taxable. talked to three different people at Pro Series. No one knows how to get this to work without overrides. any ideas??
