In 2022 I put $6000 into IRA with $0 in it and did Roth back door conversion.
Did not realize that in 2021 I rollovered $500K from 401 to another regular IRA.
As I understand 2022 back door conversion can't be re-characterized back to IRA.
So will I pay taxes on whole $500K or there is a way to avoid it?
Thank you
