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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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‎February 24, 2022
7:07 PM