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Retirement tax questions
My backdoor didn't work because my 401k wasn't maxed out... But I already rolled over the after-tax 401k to Roth IRA, will I pay tax or penalty by withdrawing the mistaken backdoor Roth IRA? Since the backdoor Roth IRA didn't work, is it correct that my 1099Rs are shown in line 5 (Pensions and annuities) in 1040 instead of line 4? Thanks for your help!
‎April 19, 2021
7:56 PM