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how to claim taxes back from IRS on ira conversion ?
So i made mistake, but wondering if there is way to claim refund
Here is the sequence
1. I opened IRA account for 2022 and funded 6000
2. as per my 2022 taxes, i am not allowed to claim deduction for this contribution
3. The day i converted my account from IRA to Roth IRA value was 6100. Bank deducted taxes and sent to IRS
my understanding
1. my 6000 were post taxes since i couldn't deduct IRA contribution
2. 100 was gain which should have been only taxed
question
1. how to claim refund for taxes on 6000?
‎February 11, 2024
10:02 PM