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Retirement tax questions
Thanks for the reply DanaB27!
I appreciate your help with the backdoor Roth instructions, but my problem is a little more complex. I directly contributed to a Roth and later "recharacterized" that contribution to a Traditional, THEN backdoored that Traditional IRA to a Roth. Because the original Roth contribution I made grew in value by about $1k by the time I recharacterized it, I wanted to make sure I was entering the correct numbers for each contribution in the correct locations on TurboTax since it's not as straightforward as a standard backdoor.
Any further help you or anyone can offer is greatly appreciated!
‎January 26, 2021
10:07 AM