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Level 7
June 2, 2021
Solved

A RollOver from Traditional IRA to Roth

  • June 2, 2021
  • 2 replies
  • 8 views

Will that show up as a 1099R distribution on Form 8880 and thus be a hurdle to getting the credit?

Is a mandatory distribution from an inherited IRA likewise be a hurdle to this credit?

This topic has been closed for replies.
Best answer by TaxGuyBill

No, a Roth conversion does not count as a distribution for purposes of the Saver's Credit.

 

2 replies

sjrcpa
Level 15
June 3, 2021

What credit are you talking about?   Nevermind.

The more I know the more I don’t know.
Level 15
June 3, 2021

No, a Roth conversion does not count as a distribution for purposes of the Saver's Credit.