Did you take a deduction of $3,000 for IRA contribution on 2022 tax return?
If so, you will be taxed on that conversion.
If not, what does your most recent (2022) Form 8606 say?
Did you take a deduction of 4,500 for IRA on 2023 tax return?
If so, you will be taxed on that conversion.
If not, what does your current (2023) Form 8606 say ?
@sd_2024
