I contributed to a Roth IRA for both the years 2022 and 2023 in 2023. I recognized this year that I am not eligible to contribute directly to a Roth IRA. So I withdrew 2022 contribution (I will fill out 5329 form for both years 2022 and 2023). I recharacterized the 2023 contribution and did a backdoor contribution to Roth IRA. What should be my response to the below questions:
1. Enter the total value of your Roth IRA(s) on December 31, 2023
2. Enter the amount, if any, of your contributions to a traditional IRA for 2023 that were actually made from January 1, 2024 through April 15, 2024
I appreciate any help.
