cwe09
New Member

Should I have been charged a 6% tax on a backdoor Roth conversion? We do it every year, and 2021 was the first time this has happened?

I am wondering if this is an error in the 2021 software.  There was no form 8606 (non-deductible IRA contributions) triggered in 2021, but instead there was a form 5329 (additional taxes).