MarilynG1
Employee Tax Expert

Get your taxes done using TurboTax

A properly executed Backdoor Roth IRA (non-deductible Traditional contribution + immediate conversion) should not result in taxes, provided you correctly report the transaction in TurboTax to establish a "basis." The conversion is only taxable if you have other pre-tax Traditional IRA balances or if the contribution grew before conversion (earnings).

 

Here's more info on How to Enter a Back-Door Roth Conversion.

 

@bikjen19 

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