DavidD66
Expert Alumni

Deductions & credits

I assume that the reason you wanted to do a backdoor Roth is because you don't qualify to make a Roth contribution.  If that's the case, you should contact Schwab and tell them you need to undo the Roth contribution.  Once that is done, you can go ahead and do the back door Roth.  You should not just leave the funds in the Roth.  If you are eligible to contribute to a Roth, there's no reason to do a backdoor version.

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