Hi, I have two related questions:
1.Last year, I deposited a non-deductible $1,000 into my IRA. The broker had a promotion that added $100. When reporting this, in addition to Roth IRA conversion, am I correct in reporting in my 8609 that I deposited $1,000 (not $1,100) into the IRA and $1,100 into the Roth IRA, essentially being taxed for only $100 (as the balance was 0 before the contribution)? Do I need to include the $100 bonus in the IRA report or somewhere else? I read that needs to be reported in my income, but then won't I end up paying tax for that twice, one time as income and other time when it comes to Roth IRA as IRA will look like it generated $100.
2.When adding to the 2023 IRA now (additional $1,500), I need to state the total value for the end of 2023. Since my end-of-year value for 2013 was 0, should I add the $1,500?
