@glossingers
In that case, you need to report the traditional IRA contribution as a non-deductible contribution, and then report the conversion. This is commonly known as a “back door“ Roth conversion.
However, this will only work if you have no deductible balance in any IRA. If you have any IRA accounts(this one or any other) that contain
tax-deductible contributions, then the back door Roth won’t work the way it is supposed to.
Do you have any tax deductible IRA’s?
