DanaB27
Expert Alumni

Get your taxes done using TurboTax

Yes, if you recharacterized your Roth contribution then you will have to report it with steps 1-9 I mentioned above. Do not enter a contribution to the traditional IRA.

 

Yes, Form 8606 will be created when you select to make the contribution nondeductible (or it is made nondeductible because of your income).

 

No, please enter Form 1099-R for the conversion from the traditional IRA as shown on the form.

 

@Wonderer1

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"