401k Roth In Plan Conversion

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
Post Reply
Topic Author
harrad
Posts: 46
Joined: Mon Sep 29, 2014 6:50 am

401k Roth In Plan Conversion

Post by harrad » Tue Feb 19, 2019 5:31 pm

I made after tax 401k contributions which were then converted to Roth 401k using In-Plan Conversion. There was a small capital gain after conversion. I received a 1099R statement with a distribution code 'G'. The Gross distribution noted in box 1 and the taxable amount in box 2a. Box 5 (Designated Roth contribution) has the difference between box 1 and 2a as expected. All other boxes are 0.

When I fill in the information in H&R block website for filing taxes, it does not accept the 1099R information stating that box 2a should be 0. I believe H&R block is wrong in this regard.

Can anyone who has done a Roth In-Plan conversion comment?

Post Reply