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Backdoor to Roth IRA 2019
I had put $7000 in traditional IRA in 2019, and converted that amount to Roth after few days, but when I fill information, a question asks me to "Enter Your Roth IRA Contribution. Enter total Roth contribution for 2019 even if you transferred or recharacterized some or all of it to traditional IRA." If I put $7000 for this question, it adds additional tax. Am I supposed to put 0 or $7000?
March 28, 2020
2:30 PM