Just to clarify since my question is around back door IRA.
I have pre tax in rollover IRA which I rollover into to my employer’ 401k. The check was issued Dec 28 2023
Since my rollover from Traditional IRA to 401k was done in dec 2023. I want to know if I m eligible to do a Backdoor IRA for Tax year 2023.
Also I looked at form 5498 which is not available until May. How do I make a determination before the April 15 deadline (for backdoor IRA TY 2023)
Also the 5498 shows contributions and conversion. Since I m not contributing to traditional IRA, which line on the form should I be looking at to confirm the balance of the IRA as of Dec 31?
