A couple of questions:
I contributed 12000 in 2021 to an IRA for my husband which we converted to a Roth the same year (6000 for 2020, 6000 for 2021.
I had gotten a warning about a penalty for excess contribution to IRA for my spouse. I think I corrected that because I should have only put 6000 for the "contribution for 2021" (instead I had put 12000). 12000 was converted, not contributed.
-I did notice in trying to correct this that when I deleted the 1099R forms, my state refund increased. There shouldn't be any state tax implications for contributing to an IRA with post-tax income, should there?
- Last question - is there any way to preview the 8606 form on the online Turbotax to ensure it is completed correctly?
Thanks!
