AnnetteB6
Expert Alumni

Retirement tax questions

You can convert it to a Roth IRA at any time.  If the conversion is done in April of 2021, then you will receive a Form 1099-R for 2021 that will be reported on your 2021 tax return that you will prepare in early 2022.

 

Since the non-deductible Traditional IRA contribution was made for 2020, be sure that it is being reported on your 2020 tax return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post