Pretax Solo 401k to Roth IRA Conversion Form

Each time you process a taxable conversion of pretax solo 401k funds to a Roth IRA, please complete the following on-line form.

IMPORTANT NOTE:  If you are converting alternative Investment assets (e.g., real estate, notes, private shares, etc.), make sure to list the fair market value (FMV) of all combined assets converted. Check with your tax professional to determine how to value the applicable asset(s) being converted.

  • If each participant is converting funds, please submit a separate on-line conversion form for each participant.
  • It is best to submit this on-line conversion form once you have converted/moved the funds to ensure the correct amount is reported.
  • We will issue the Form 1099-R in February 2023 to report the 2022 conversion.