DanaB27
Expert Alumni

Get your taxes done using TurboTax

To verify, you only made a nondeductible traditional IRA contribution and you converted your traditional IRA to Roth in 2021. Your wife made a deductible traditional IRA contribution and did not convert anything.

 

If this is correct then your tax and Form 1040 in 2020 would not change and you will only have to add Form 8606.

 

You will enter the Form 1099-R for the conversions on your 2021 tax return as mentioned above. 

 

You will not enter anything when TurboTax asks if you changed your mind/ switched funds during the contribution interview. Only enter the contribution to the traditional IRA with the steps above and make it nondeductible (if it is made nondeductible automatically because of your income and retirement plan at work).

 

@dsyhome0510

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