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Retirement tax questions
A contribution for 2022 will be entered on your 2022 tax return. A contribution for 2023 will be entered on your 2023 tax return.
And the conversion will be reported in the year you made the conversion (moved the funds from a traditional IRA to Roth IRA). Therefore, when you made the conversion in 2023, then you will get a 2023 Form 1099-R and this will be reported on your 2023 tax return.
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‎April 10, 2023
12:27 PM