AnnetteB6
Employee Tax Expert

Investors & landlords

Go back through the IRA Contribution section of your return to be sure that you indicated that you previously made and tracked non-deductible contributions to your IRA.  This is where you will indicate the amount that was contributed to the Traditional IRA for 2021.  This amount will be part of the basis of the Traditional IRA and will not be taxable when converted to the Roth IRA.

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"