Last year, when I realized that I became a high income earner, I stopped contributing to my Roth IRA (about a month after I became a high income earner). I then moved my 2022 excess contributions from my Roth IRA to a traditional IRA in December 2022. I have a 1099-R form for this (code N). In April 2023, I recharacterized all my traditional IRA $ back to my Roth IRA to complete the backdoor Roth IRA process. I have no form for this because it's too recent.
I'm confused how to file this process.
Do I select that I have both a trad and roth IRA on the first page?
Do I have trad IRA contributions? I would think no, because everything that was in my trad IRA came from a Roth contribution.
Do I have Roth IRA contributions? I would say yes, that's all the money I contributed in 2022.
Do I have any nondeductible contributions? I'm not sure... I was told I needed to fill in part 1 of the 8606 form, but how /where do I do that?
Thank you!
