I took advantage of the offer to convert from a Trad. IRA to a ROTH IRA in 2010. I can claim 1/2 of the amount for TYrs 2011 and the other half in 2012 . I would like to claim the entire amount in TY
2011 but software defaults for only half, how do I change it so I claim the entire amount correctly.Thank you all.
BW
Pls refrain from telling me to call TaxWise folks right now, with some more information I might be able to explain it better :)
As I recall, including 100% of the 2010 Roth conversion income in 2011 was and is not an option under the tax law. So it would seem that your software is guiding you to do the correct thing.
Your choices were to claim the full amount in 2010, or half in each of
2011 and 2012.Seth
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