muss007
New Member

Rollover IRA tax

I opened a backdoor Roth IRA account last year (Dec 2019) with the Vanguard and forgot to realize that I also had a rollover IRA with the Fidelity.  I recently found out that this is not allowed.  I am in the process of converting the rollover IRA into my current 401K plan.  I hope this should resolve the problem.  However, I was told that I have to pay tax on the rollover IRA last year.  How can file this?  What form and calculation method should I use.  Thanks.

 

M.