dmertz
Level 15

Retirement tax questions

@Joseph Braun ,TurboTax Basic provides everything you need.  There is no need to upgrade.

 

I'm not sure what you mean by a "$30,000" Backdoor Roth.  The maximum traditional IRA contribution for 2022 is $6,000 plus a $1,000 catch-up.  Or did you make an after-tax contribution to an employer's qualified retirement plan that you subsequently converted to Roth (a so-called mega-backdoor Roth)?

 

Regardless, the contribution and the conversion are separately-entered transactions.  Which transaction, the contribution or the distribution, are you having trouble entering?

 

What is the code in box 7 of the Form 1099-R?

Is the IRA/SEP/SIMPLE box marked?