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Get your taxes done using TurboTax
Hmm ok, could you help me with this particular case.
In 2021 - no contributions/conversions in this year, I did it in 2022. Only received a 5498 for 2021, no 1099-R for the conversion
In 2022 - contributed to traditional + converted to Roth for prior year (didn't take care of this in my 2021 return, is that ok?)
In 2023 - Contributed to traditional (for prior year - 2022 and current year - 2023) and converted 12.5k to Roth.
My 8606 form in 2022 has a total basis of 0, did I do that correctly, or I'm assuming I didn't and it needs to have a basis of 6k.
Thank you!
‎February 5, 2024
3:01 PM