Retirement tax questions

@macuser_22 Ahh ok thank you! I was also just reading another post you wrote about backdoor roth contributions(link below), which is the end game for this nondeductible contribution. Should I go ahead and do it to report it on this years taxes? Or will it take too long to get the 1099-R? Is there a drawback one way or the other if I was to report it on this years taxes versus next years?

https://ttlc.intuit.com/community/retirement/discussion/can-i-make-a-nondeductible-traditional-ira-a...