Hi,
My husband and I file joint. He's working and maxing out his 401k. I am a stay home mom with no job or current 401k account. Before end of 2020, I already had a rollover IRA account that's funded from my previous employer's 401k account. I had no other traditional IRA account. Our total income exceeds the limit for contributing to Roth IRA.
In end of 2020, we learned about Backdoor Roth IRA and decided to give it a try. I then created a new traditional IRA, contributed using our after-tax money, and then converted it to Roth.
I followed this link to enter my contribution and 1099R.
However, after that TT is asking me to enter "total value of all of my traditional IRA, SEP, and SIMPLE IRA accounts on Dec 31, 2020." Following its instructions, I checked the 5498 forms from Fidelity. I found one for the new Traditional IRA account and another for the new Roth IRA account. Neither of them reflected the value of the my pre-existing Rollover IRA account.
My question is: should the value of the Rollover IRA account be included in this question? If so, how do I enter the 3 boxes?
