in-plan Roth conversion and 1099R

[Guest Jennyb473]

Does Box 5 get filled out with the amount of the in-plan Roth conversion on a FOrm 1099-R for 2010? The IRS website has instructions for 1099R reporting for in-plan Roth conversion and one of the bullets sayd to Report the basis in the amount rolled over in box 5 (Employee contributions) - does this mean to report any amount that was after tax contribuitons and would therefore not be taxable at the time of the conversion or does it mean to put the entire amount of the in-plan conversion (that is now the basis for the Roth account) in box 5?

Any thoughts? At first I thought the entire amount but now I'm starting to think maybe not?

[masteff]

does this mean to report any amount that was after tax contribuitons and would therefore not be taxable at the time of the conversion or does it mean to put the entire amount of the in-plan conversion (that is now the basis for the Roth account) in box 5?

I assume you're referring to this:

http://www.irs.gov/retirement/article/0,,id=231775,00.html

"Report the basis in the amount rolled over in box 5 (Employee contributions)"

It means the after-tax contributions the participant may have made.