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IRA/Backdoor Roth contribution - Reporting
Hi,
I have a question on IRA contribution. I couldn't find the answer in the forums. I contributed to traditional IRA for 2019 in Feb 2020. Converted this amount to Roth IRA using backdoor immediately. When filing taxes for last year, do I just report the IRA contribution made for 2019 and report the conversion to Roth when I file my taxes in 2021? Please advise. Thanks.
March 19, 2020
3:46 PM