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Level 3
April 14, 2023
Question

Where do I indicate the Box 1 distribution on Form 1099-R is an in-plan Pretax to Roth 401(k) conversion? I only see Box B5 on the 1099-R worksheet for a Roth IRA.

  • April 14, 2023
  • 1 reply
  • 3 views
The distribution code is 1, and I understand it's fully taxable, but it shouldn't flow to the 5329 for the additional tax.
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1 reply

Level 8
April 16, 2023

You need to download the IRS Pub that addresses this and follow the instructions.