Ok so while this stuff is still fresh in my head I want to plan ahead to next year when I will be filing my 2021 return.
So my 2020 return is going to have $6,590 on Line 14.
Lets say I have the following actions taking place this month (March 2021):
-I do the "backdoor" process to convert the $6,590 non-deductible funds currently sitting in my traditional IRA to the Roth (so this is the $590 from 2019 + the $6,000 for 2020)
-I also do my 2021 contribution and backdoor conversion for $6,000.
Next year when I am working on the 2021 Form 8606, is my Line 2 Basis $6,590 or zero or some other number?
