Federal 2010: Roth Conversions and Social Security Benefits
Certain customers, who had converted a 1099-R Distribution to a Roth IRA and had taxable Social Security benefits, may have an incorrect tax return.
TurboTax has fixed this issue.
How to tell if you are impacted:
You may be affected if ALL of the following are true:
- You filed your federal tax return prior to March 24, 2011, AND
- You converted a 1099-R Distribution to a Roth IRA AND
- You chose to have your conversion taxed in 2011 and 2012 AND
- You received social security benefits
If you are affected, you may have underpaid your federal tax. You will need to amend your federal tax return.
If you need to contact us, please use the phone number in the email from TurboTax and tell the representative you’re calling about the Federal: Roth Conversion and Social Security Benefits.