I made a mistake, I made a non deductible Trad IRA contrib and Roth conversion for 2020 in 2021. I understand I need to file that contribution on 2020 tax form and conversion on 2021 tax form when 1099-R will be issued.
Can someone tell me HOW I claim the IRA contribution for 2020 using TurboTax? I reviewed my 8606 and it states 6000 is taxable (maybe bc I can’t show the conversion til next year?). And will TurboTax automatically carry over for next year when I can report the conversion?
Thanks in advance.
@dmertz
@ashleyblewis
