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Retirement tax questions
In my case, I contributed to a roth IRA account first before recharacterizing to a traditional IRA to do the backdoor IRA. All of this was done in Feb 2021 for 2020 tax season so I don't have 1099 forms yet. In reporting with a downloaded version of turbo tax, what parts of this step by step process should I do differently because my form 8606 and 1040 seem to be riddled with errors at the moment. I would greatly appreciate some help.
March 22, 2021
8:55 PM