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Retirement tax questions
Hey macuser,
So you stated to input the traditional IRA contributions like you described as $1000. Will that override the extra taxes they are trying to tax me for my "distributions" which I actually didn't do?. I am confused.
All I did in 2020 was deposit $1000 into a traditional IRA account from my bank account (after tax) and convert it directly to ROTH (backdoor). Just trying to properly do turbotax so I don't have to pay extra taxes on "distributions" which are not true. Thank you!
March 2, 2021
3:07 PM