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1099-R Backdoor Roth IRA increasing my Tax
Hi Turbo Tax,
I entered my backdoor roth ira contribution and it increased my taxes by $1500. Can you please help me resolve this issue?
My 8606 (year 2022) Row 1 and 2 are having $6000. Row 3,5,13,16,17 is $12,000.
My 8606 (year 2021) Row 1 and 2 are having $6000. Row 3 is 12,000, Row 4, 5,13, 16,17 is $6000.
Can you please guide me on how to avoid the duplicate Tax situation?
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‎April 9, 2024
12:54 PM