Retirement tax questions

Please be aware, that money moved from a traditional IRA to a Roth IRA is a conversion and not a rollover.

Please make sure you entered the backdoor contribution like this:

To enter your nondeductible contribution to the traditional IRA, this will create Form 8606 (for your wife you will have to enter this on the 2019 and 2020 tax return) :

1. Click on "Search" on the top right and type “IRA contributions”
2. Click on “Jump to IRA contributions"
3. Select “traditional IRA”
4. Answer “No” to “Is This a Repayment of a Retirement Distribution?”
5. Enter the amount you contributed
6. Answer “No” to the recharacterized question on the “Did You Change Your Mind?” screen
7. Answer the next questions until you get to “Any Nondeductible Contributions to Your IRA?” and select “Yes” if you had a nondeductible contributions before this tax year.
8. If you had a basis in the Traditional IRA before then enter the amount.
9. On the “Choose Not to Deduct IRA Contributions” screen choose “Yes, make part of my IRA contribution nondeductible” and enter the amount.

To enter the 1099-R distribution/conversion: 

1. Click on "Search" on the top right and type “1099-R”
2. Click on “Jump to 1099-R”
3. Click "Continue" and enter the information from your 1099-R
4. Answer questions until you get to “What Did You Do With The Money” and choose “I moved it to another retirement account”
5. Then choose “I did a combination of rolling over, converting, or cashing out money.” and enter the amount next to "Amount converted to a Roth IRA account"
6. On the "Your 1099-R Entries" screen click "Add another 1099-R" repeat steps 4-5. 
7. Add the last 1099-R  
8. After entering all 1099-Rs on the "Your 1099-R Entries" screen click "continue"
9. Answer "yes" to "Any nondeductible Contribution to your IRA?"
10. Answer the questions about the basis and value