Sounds good. So the steps if I understand well will be:
- add another 6,5k nondeductible contribution per person today (increased amount for 2023. It is an optional step now, but I would elect to do this)
- convert 12,5k to Roth as soon as possible, when the additional 6.5k settles in the Fidelity account
- report 6k non-deductible traditional IRA contribution for 2022 through 8606 (the amount I did on April 17)
- report the additional 6,5k non-deductible contribution I make today on 2023 return through 8606
- report the 12,5k Roth conversion on the 2023 tax return.
How do I pay taxes on the remaining 109$? And after indicating it as taxable, can I convert that to Roth as well? Thanks again.
