The page "How do I enter a backdoor Roth IRA conversion?" lists the steps for a Roth Conversion but at the end it has a section:"To check the results of your backdoor Roth IRA conversion, see your Form 1040:"
Under step 3 it states "
- Line 4a IRA Distributions. Your backdoor Roth IRA amount should be listed
- Line 4b Taxable amount should be zero, unless you had earnings between the time you contributed to your Traditional IRA and the time you converted it to a Roth IRA"
I thought any money I move from a regular IRA to a Roth IRA is 100% taxable. Why would the taxable amount be zero? @ttlc.intuit.com/turbotax-support/en-us/help-article/retirement-benefits/enter-backdoor-roth-ira-con...
https://ttlc.intuit.com/turbotax-support/en-us/help-article/retirement-benefits/enter-backdoor-roth-...
