Thank you so much @macuser_22 , @dmertz
I have 1 more question:
In Jan 2021 I contribute 6k to Roth IRA and immediately recognize my income in 2021 may exceed the limit so after that 1 week, I withdrawn 6k back to checking account already.
("may": mean I don't know what my income will be, so for safety I removed it, so no earning is generated)
Can I now contribute 6k to Traditional IRA and convert it to Roth IRA (as back door)?
(This IRA traditional account can contain the money I recharacterize from Roth 2020 right? I read somewhere they recommend empty traditional IRA in order to make back door Roth)
If so, what forms and how can I input to turbo tax for 2 actions above (for file tax return in 2021)? Thank you so much.
Have a good day.
