- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
backdoor Roth Conversion
I'm 71 and retired and have an existing 6 figure IRA. I took $25k from this IRA and converted it to a Roth IRA (a backdoor IRA?) I also cashed out about 20K from the same IRA during the year. My single 1099R only shows the $45k total withdrawal. How do I enter this in TurboTax? When I try to go through the "IRA Contributions" section, I'm getting a message that says i've exceeded the contribution limit. Thanks for the help.
‎February 21, 2022
7:59 PM