Thank you Thomas. I'm trying to figure out why my ROTH back door seems to be taxed still.
I followed your steps:
- Choose the "Traditional IRA" option This seems to be the box where you pick if you had Traditional IRA or ROTH IRA. Since we have both, I picked both boxes. The other option is None of the above.
- Enter how much you contributed Yes. Also asked for AMOUNT SWITCHED FROM TRADITIONAL IRA TO ROTH IRA, which we converted the whole amount for the year.
- Work through the section until you come to Any Nondeductible Contributions to Your IRA? I tried to pick YES and NO, but seem to get the same results.
- Work though a few screens until you see Choose Not to Deduct IRA Contributions Does not give me this option, I got a screen that tells me "YOUR INCOME IS TOO HIGH TO CONTRIBUTE"
