DanaB27
Expert Alumni

Get your taxes done using TurboTax

Yes, everything looks correct. 

@Wyldaisy

 

 

That is strange that Fidelity doesn't allow you to make a Roth conversion on an amount contributed to the traditional IRA. The conversion would count for the year 2022 and it would be just a regular conversion. The backdoor techniques are all applied by entering the correct information in the tax return (making the contribution nondeductible, tracking it on Form 8606, entering Form 1099-R for the conversion). Of course, this backdoor Roth technique only works if the traditional IRAs are empty (don't have pre-tax funds).

 

@trbelair

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