@DanaB27
Hi, I believe I am slightly confused as to what to enter for my 2021 after tax contributions (basis) and want to make sense of all the moving parts. Are you able to provide me with coke guidance using the examples below?
I think my main question is this using the same examples:
$3000 contributed in 2020 and converted to Roth directly in 2020
$2000 end of year basis for 2020 (what was recharacterized in 2021 for 2020 before gains)
$5000 contributed in 2021 and converted directly to Roth in 2021
$2000 basis end of year 2020 converted to Roth in 2021 for a total of $7000 converted to Roth in 2021
Assuming the above all makes sense, what would my total 2021 after tax contributions be to enter for 2021? Thank you!
