Retirement tax questions

HI,

 

Thanks for the article. However, it did not seem to work for me correctly. It did not prorate my IRA basis properly.

In my case, I had over 40K in my IRA with 1170 in non-deductible. I moved about 39K which should mean around 1120 should be moved to Roth without any tax liability. Later, I also contributed 6000 in non-deductible contributions. However, this contribution happened AFTER the rollover so my impression is that it does not count towards calculations for proration. Please correct me if I am wrong here.

In my return, it shows that I have about 5900 in non-taxable contributions. The worksheet does not show any calculations. I am confused as I think I am paying less for 2019.

 

Regards,

Deepak