I believe I don't owe any taxes. How can I handle this?
This is the situation:
Not-deductible (post-tax) contribution to traditional IRA, this is the breakdown of my contributions:
- 01/06/2020 - 6K contribution to traditional IRA (this is for the year 2019)
- 01/07/2020 - 6K contribution to traditional IRA (this is for the year 2020)
After the contributions, I have converted the full amount (12,000$) to a Roth-IRA. This is the breakdown of the conversions:
- 01/07/2020 - 6K conversion to ROTH-IRA (this is for the year 2019)
- 01/08/2020 - 6K conversion to ROTH-IRA (this is for the year 2020)
------
I've followed the following instructions: https://ttlc.intuit.com/community/entering-importing/help/how-do-i-enter-a-backdoor-roth-ira-convers... but 6,000$ of the 12,000$ are considered mistakenly taxable.
I've tried to contact two times a live expert without success. They were not able either to solve the issue or clarifying the situation because in their opinion the amount was taxable.
