LTaxes
Level 1

I have a client where all those conditions are met.  He made a non-deductible contribution to a traditional IRA, immediately converted it to a Roth IRA, and the balance of all traditional IRAs at the end of the year was $0. He received a 1099-R with a code 2 (which I entered), but will not receive his 5498 until May. 

I can't figure out how to enter it in Pro-Connect so that Box 8 of form 8606 shows $7,000.  Any tips?

Thanks!

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