Hello again dmertz,
After reading yours and macuser_22 responses, I started again and performed some other iterations. I am not doing this two separate 1099-Rs anymore that I mentioned on my response to macuser_22 before as TT is treating everything as conversion (not a rollover). Under Deductions & Credits I am only checking the Traditional IRA boxes, as checking both Trad IRA and Roth IRA was getting into situations where I was told that we owe money for excess contributions. I have read that for TT back doors it is fine to select that Traditional IRA box only, as you tell the program that this was all converted to ROTH under Wages/Income - "IRA, 401K, Pension Plan Withdrawals (1099-R) section. Any thoughts?
Nonetheless, I was able to show 8606 for my wife with lines 16, 17, and 18 of 19.5K, 12K, and 7.5K respectively as mentioned before. So, we are moving in the right direction.
Let me ask what would be the expectations for 1040 4a and 4b lines?
Once again, for myself I made two backdoors myself of 7K in April 2021 for 2020, and 2K in December 2021 for 2021.
For my wife, the trad IRA to Roth conversion between two institutions of 7.5 in March 2021, and then two backdoors of 7K in April 2021 for 2020, and 5K in December 2021 for 2021.
Many thanks!
Ozzie
