Get your taxes done using TurboTax

Skip the first step if you did not make any contribution to your IRA in 2021:

Follow these steps instead:

1. Open or continue your return
2. In the search box, type 1099-r  and hit the Enter key, select the Jump to 1099-r link at the top of the search results
3. Answer Yes to Did you get a 1099-R in 2021?, then Continue
   • If you land on Your 1099-R Entries screen, select Add Another 1099-R
   • When entering your 1099-R form, make the boxes checked on the form are also checked when you enter the info in TurboTax
4. Select how you want to enter your 1099-R (import or type it in yourself) and follow the instructions
5. Answer None of these apply when you reach the screen Do any of these situations apply to you?
6. Select I converted some or all of it to a Roth IRA on the Tell us if you moved the money through a rollover or conversion screen
7. Next, choose Yes, all of this money was converted to a Roth IRA
8. You should see a screen that asks Any Nondeductible Contributions to your IRA? Select Yes
9. Enter the IRA basis as of December 31, 2020.
10. Enter the value of your IRA as of December 31, 2021. It should be $0. 
11. Continue.

To check the results of your backdoor Roth IRA conversion, see your Form 1040:

1. On the left side of your screen, select Tax Tools, then Tools
2. Under Tool Center, select View Tax Summary
3. On the left side of your screen, select Preview my 1040
   • Your backdoor Roth IRA amount should be listed on Form 1040, Line 4a  as IRA distributions
   • Taxable amount should be zero unless you had earnings between the time you contributed to your Traditional IRA and the time your converted it to Roth IRA, then the earnings would be taxable
   • Schedule 1, Line 20 IRA deduction, should be blank
4. Select Back on the left side of your screen to return to where you left off in TurboTax

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