Hi!
I am attempting to file my backdoor Roth and think I just made an error. I added $6500 for my 2023 taxes in March 2024 and converted it to my Roth within the same month. However, it had $550 in losses from my investments.
In September, I contributed $7000 in my traditional IRA account and converted it to my Roth account without any losses.
I got my 1099-R from Fidelity that showed that I contributed a total of $12998 in 2024.
I realize that I most likely need to amend my 2023 taxes to reflect my losses, but I don’t even know how to go about it’s I also don’t know how I should fill out my 2024 taxes in such that I won’t have to amend it also in the future.
Please help!
