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Get your taxes done using TurboTax
If you are using TurboTax then when you enter you IRA contribution into the IRA contributions section then TurboTax will put the *amount* of the current years contribution onto line 1. Earnings only add to the IRA value and have nothing to do with the amount contributed.
If doing a backdoor Roth then the earnings will be taxable.
Why are you filling out a 8606 manually?
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎December 28, 2020
4:45 PM