You will need to amend your 2020 return to report the conversion. If you didn't have any basis (nondeductible contributions) then it will be fully taxable. If you had a basis then your nontaxable portion of the conversion will be calculated on Form 8606.
To confirm, you removed the 2019 and 2020 excess contributions in 2022 as a regular distribution (without any earnings) reported on the 2022 Form 1099-R with code J in box 7?
On your 2022 tax return, your net contributions prior to 2022 will include the 2019 and 2020 excess contributions (since there weren't withdrawn until 2022). For the conversion, you will enter the $3,004 (assuming you didn't make any withdrawals more than your net contributions in the previous year).
Please see Ordering Rules for Roth Distributions for additional information.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
