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Retirement tax questions
Based on your question, you may not have entered the information property to report your Traditional to Roth conversion. A back door Roth is a term used to describe a method of funding a Roth IRA when your modified adjusted gross income (MAGI) is too high to allow you to directly contribute to a Roth IRA. A back door Roth consists of opening a Traditional IRA and making a fully non-deductible contribution to the Traditional IRA. The Traditional IRA can then be converted to a Roth IRA without any income limitations or restrictions on your MAGI.
For Step-Step instructions on how to enter your back door Roth, see the following TurboTax Help Article:
How do I enter a backdoor Roth IRA conversion?
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‎February 7, 2021
2:31 PM