AnnetteB6
Expert Alumni

Retirement tax questions

The answer to your question is neither.  A Traditional IRA conversion to a Roth IRA is not considered to be a contribution to the Roth IRA. 

 

Since your non-deductible Traditional IRA contribution was for 2020, you will enter that contribution as part of your 2020 tax return and show that it is non-deductible. 

 

Then, in early 2022 you will receive a Form 1099-R for 2021 that will show the distribution from the Traditional IRA.  This Form 1099-R will be included as part of your 2021 tax return and you will indicate that the distribution was converted to a Roth IRA.

 

 

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