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IRA backdoor conversion
I know there is a thread about backdoor conversion, but I need help for my specific situation. We made a contribution of $6500 to a traditional IRA on 4/16/2018 for the 2017 tax year. We made a $6500 contribution on 4/16/2018 to a traditional IRA also on 4/16/2018 for the 2018 tax year. Total $13,000. On 3/19/2019 these contributions were converted to a roth and I now have a 1099 R reporting distribution of $13,867.68. Box 7 is marked "2", the box for IRA/SEP/Simple is marked with an X. How in the heck do I report this on my 2019 tax return. Do I need to make any kind of amendment to my 2018 return?
‎February 15, 2020
8:35 AM