dengla
New Member

Deductions & credits

I contributed $7000 for 2024 and $7000 for 2025 in April of 2025 to a traditional IRA.  It was then converted to a Roth IRA thru the backdoor method.  I should only be taxed on the 979.00 that was gained after moving over but the tax software keeps showing 7,979 as taxable income.  How do I fix this?