Thanks @DanaB27
I have actually filled the 2021 return as you have suggested in May 2021 earlier. Just wanted to check my understanding -
1. I received 2 1099-R this year. One for Roth and another for traditional. Traditional had 13000 in it.
2. Once i filled them as you suggested and set the basis as 6000 then i only needed to pay tax on 1000 in my this year return (as that is i earned for 2020 backdoor Roth that i performed in 2021). Based on this is this correct? i know i had to pay tax and since i did not pay tax for this amount in 2020 as i did not have 1099R by then i have to pay this year?
Although turbo tax suggested me to amend my 2020 return but even if i am trying to amend by adding this 1099R, turbo tax is suggesting nothing changed. In that scenario do i need to send any paper form back to IRS or i can ignore that?
I am sorry if asking too many naive questions but this backdoor roth concept is too new for me.
