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Backdoor Roth IRA Conversion 2020 and Excess Contribution
Hello,
I deposited $2000 into my Roth IRA back in Oct 2020. I then accidentally deposit another $6,000 in Dec 2020 into my traditional IRA. I recently completed an excess contribution form for the $2,000 excess and had them put the funds back into my bank account. What are the forms I will need to fill out during tax season? What should I have done differently? I am also trying to do a Backdoor Roth Conversion at the same time.
Thanks
‎December 16, 2020
11:18 AM