MDFTAX
Level 3

Hi Community, 

Have the 1099R for Back Door Roth (Conversions to Roth) changed?

 

This 1099R 

Box 1 has Distribution

Box 2a has a TAXABLE AMOUNT  equity to Box 1

Box 2b states Taxable Amount Not determined

Box 7 Distribution Code 2

Why is this amount being taxed as a DISTRIBUTION?

 

There should be no tax if it was a conversion done promptly within the allowable time.

Can you please help with this? I am just perplexed. 

Is this taxable or not?

0 Cheers