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backdoor roth IRA
Hi, A friend of mine contributed to IRA and then converted to roth IRA. He has received form 1099-R and has imported it. It is shown under "wages and income" section but nothing is entered under "deductions and credits/traditional and roth IRA" section. What's the issue? Does he need to enter anything under deduction and credit section for traditional and roth IRA? form 8606 is shown under the forms and has the numbers for roth IRA. thanks
March 14, 2025
4:41 PM