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Traditional to Roth IRA Recharacterization and Roth Basis
Are contributions to a non-deductible traditional IRA that is then either recharacterized or converted to a Roth IRA considered as Roth IRA contributions in TT? This is in the TT screen where tracks Roth IRA contributions. In other words, if I recharacterize or convert non-deductible traditional IRA contributions to Roth IRA, I would add these contributions in where asks for Roth IRA contributions prior to 2020.
March 26, 2021
5:21 PM