Got it. Thank you, @DanaB27 !! That works, and thanks for the link to the help page!
Hopefully last set of more general questions:
1. I contributed the 2023 $6500 to Trad IRA and converted it to Roth IRA in 2024 April rather than in 2023. And more specifically, I took those two actions in 2024 after I filed my 2023 Tax Return.
a. Do I need to amend my 2023 Tax Return as I didn't report this contribution? But it happened after I had already filed my 2023 tax return...
b. Do I need to file Form 8606 manually for 2023? Or the 2024 Form 8606 TurboTax generated for me is good enough?
c. When I file my 2024 Tax Return, I input $6500 as my 2023 Total Basis which is just a number I know is correct, not that I have 2023 Form 8606 in hand (since I have never filed that). Is that ok?
2. This year I have already contributed and converted $7000 for 2025. Since this happened in 2025 before I file my 2024 Tax Return, do I need to report this contribution and conversion even though it's for 2025?
The Jan-Apr of the "grace period" for contributing/converting for previous year IRA makes me very confused how to report these transactions. Basically I want to see if I need to go back to correct my 2023 Tax Return and what to do with 2025 so happen I did the IRA contrib/conv in the 2024 "grace period".
Thank you so much, @DanaB27 !!
