Please HELPPP!!!!
I've gotten myself into quite a mess with 2019.
Here's there situation
2019 - Contributed 6000 to IRA (but I didn't qualified due to lack of income)
2020/4 - IRA grew to 6100, converted to Roth
2020/6 (still within 2019 filing deadline) realized the mistake. Removed all amount out of Roth. Balance was 5500.
I received 2020. 1099-R of the following lines
IRA
Box1: 6100. Box2a: 6100 Box2b:x. Box7: 02. IRA:x
Roth
Box1. 5500. Box 2a: 0. Box 7:8J
In 2019, no 8606 form was filed since it was contribution was removed.
Since there's no 8606 from 2019, how to I report the conversion gain of 100 (instead of 6000)? How do I explain the basis?
Also, should the 5500 be ammended and put into 2019 1040 Line 4, or should that be 2020 Tax?
Last but not least, how in the world to I enter all these to turboTax?!?!
Thanks a lot!
