@lemonwater wrote:
@macuser_22
I have 3 2020 1099-R forms. I assuming I should delete them all and start over. What order should I enter them?
- Shows the recharacterization of the ~$1000 from ROTH to Traditional (for 2019, done in 2020)
- Shows the backdoor conversion of ~$6000 from Traditional to ROTH (of 2019 contributions, done in 2020)
- Shows the mega backdoor ROTH conversion of money in my 401k (of 2020 contributions, done in 2020)
#1 The recharacterization should have a code R that you do not enter in 2020.
#3 Explain more. What code is in box 7? What is in box 2a? What is in box 5? A "mega" backdoor Roth depend your after tax contributions to the 401(k). You might have entered that improperly. delete that 1099-R and then see if the other calculations are correct.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
