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Get your taxes done using TurboTax
Token:973708
Still not sure I have this correct because I now get an excess message.
1099-r received was for 7k
3 - Form 5498
1st - Roth IRA conversion amount 1000, IRA type Roth
2nd - Roth IRA conversion amount 6000, IRA type Roth
3rd - IRA contributions 1000, IRA type IRA.
Now I think we need to withdrawal 1000 because we are not over 50. Is that correct?
I created 2 1099rs but not sure if that is correct.
March 28, 2022
7:18 AM