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Retirement tax questions
Sure, easy. 2 Transactions and 27 questions with legal terms that mean nothing to the average Joe!!
I've spent about 6 hours trying to go through this "easy" process to enter information for the Traditional IRA contribution, but since I have exceeded my legal limit of money, the software wants to know if I am taking the overage out before 15 April or pay a fine. Also, no matter how I enter the data the taxable gains that came out of my Roth are not showing up in my 1040. Probably has something to do with the 27 questions that are written by tax lawyers!! All this and it seems like I will be paying for a professional just because of a backdoor conversation problem. Ridiculous that the software cannot handle something that is so "easy"!!
March 10, 2021
11:50 AM