You are correct, I missed that distinction. Is there any way then where I can convert this IRA and just be done with it?
Since the Form 8606 produced by Turbo tax is a year-end form, I believe it's only going to look at my balances at the end of the year. Can't I put my pre-tax contribution into 401k and do the after-tax (non-deductible) portion into my Roth IRA? Year-end balance would be 0 for my IRA account.
