Thank you for your response. Unfortunately, the option to declare part of my contributions as non-deductible never appears. Is there a way to enter that manually through the "forms" option on TT desktop? Or if I search for it, is there a "jump to" function in the search results that will bring me to that section in the step by step option in TT desktop?
Also, why does my return drop precipitously when I enter the traditional IRA amount at 12/31/2020? It appears to drop by my calculated tax rate. In my situation, the amount I am entering is all from a non deductible IRA account. Why would my refund amount go down? This non-deductible IRA account only contains after tax contributions, all made in 2020; contributions that I later re-characterized as Roth in January of 2021.
If my refund goes down when entering this amount, is TT thinking I got a deduction for this amount and is now reversing it?
Thanks!
