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Retirement tax questions
Thank you for your response.
About #2)
a) I did the recharacterization and conversion for both the 2018 and 2019 amounts in April 2019 (After filing 2018 taxes). Does this mean I need to amend 2018 tax return?
b)
"The amount presently missing from your 2019 Form 8606 is the amount of your $6,000 nondeductible traditional IRA contribution that resulted from the recharacterization of your $6,000 Roth IRA contribution."
- Where in turbotax do I add this?
3) based on what you said and my note that I filed 2018 taxes (money in Roth) prior to doing any of this would you recommend that I first amend 2018 taxes before attempting to finish 2019 taxes?
‎July 1, 2020
5:35 AM