MarilynG1
Expert Alumni

Retirement tax questions

Doing a backdoor Roth conversion is a two-step process.

 

Step 1:  Enter the Non-Deductible Contribution to a Traditional IRA

 

Step 2: Enter the Conversion from a Traditional IRA to a Roth IRA

 

Line 20 on Schedule 1 should be blank.

 

Click this link for steps on How to Enter a Back-Door Roth Conversion.

 

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