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Turbotax non deductible IRA questions
I have a complex tax situation. I contributed non deductible to traditional IRA in 2021 and 2020. Then in both years i converted all of it to Roth IRA. The problem is, last year I forgot to include that in my filing.
This year I am using turbotax Premier. Some of the questions it asks me are very complex and Im not sure what to put
1 is did you make nondeductible contribution and track it. If i did backdoor roth, do I click yes?
Finding IRA basis. It says to look at 8606 but i forgot to file one last year.. so not sure what to put.
Enter value of traditional IRA. If i converted all to roth, I put zero?
‎April 8, 2022
1:08 AM