- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Backdoor Roth Question - multiple years
Dear all,
I am trying to correctly fill in my backdoor roth contribution and conversion for both my spouse and myself. Any help is greatly appreciated.
Timeline:
My account
-------------------
1) March 2020 - contributed $5750 to traditional IRA for tax year 2019
2) March 2020 - converted $5750 from traditional to Roth for 2019
3) Dec 2020 - contributed $6000 to traditional IRA for 2020
4) Jan 2021 - converted $6000 from traditional to Roth for 2020
Spouse's account
------------------------
Contributed $6000 to traditional IRA and converted $6000 to Roth in Aug 2020 for year 2020.
How do I fill out this information correctly in TurboTax? Any help would be greatly appreciated.
May 13, 2021
5:10 AM