Hello,
I did a backdoor Roth IRA contribution in 2021 for both 2021 and 2020. I contributed 12k to my Traditional IRA, then converted all that to a Roth in early 2021 -- 6k for 2020 and 6k for 2021.
Now, my 20211099-R is showing a 12k distribution, but my basis for 2020 in my 8606 is 6k.
Right now the federal tax is incorrect. I see two options to make the software report the correct federal tax due:
1. Change the IRA basis to be 12k.
2. Manually change the value reported in the 1099-R to be 6k.
Anyone know how to correctly handle this situation in TurboTax?
