nancywho
Returning Member

contribute to traditional ira in 2020, converted to roth ira in 2021. how to report on 2021 tax?

My husband contributed $6000 to traditional IRA in 2020, it was not converted to roth IRA until Jan 2021.  We also contributed additional $6000 in Dec 2021 and converted it to roth IRA in Dec 2021.  My 1099-R now says we distributed 12,000 in 2021 which is correct.  If I simply say that all of the money was converted to roth IRA in the 1099-R section, is that good enough reporting for both backdoor Roths?  

 

My 1040 4a IRA distributions says 12,000 and 4b says Taxable amount says $6000.  Makes me think I didn't do it correctly.  

 

Please help!