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Get your taxes done using TurboTax
Yes, ignore the message.
You are supposed to see that message because you are doing a backdoor Roth IRA. Make sure to enter the $6,000 as a non-deductible traditional IRA contribution for 2021 to generate Form 8606 to report the IRA basis. Next year this time, you will enter the 1099-R form for the Roth conversion. The $6,000 you entered now will show on your 2022 return as non-taxable.
@kim1982
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‎April 6, 2022
9:30 PM