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Retirement tax questions
Please make sure you do not enter the amount contributed for 2022 in the traditional IRA contribution section on your 2023 return. The contribution for 2022 belongs on your 2022 return. You should have a 2022 Form 8606 with the basis on line 14 and this will be entered in the follow-up questions on your 2023 return when you enter Form 1099-R for the conversion.
Please see How do I enter a backdoor Roth IRA conversion? for detailed instructions. Please review the "If your conversion contains contributions made in 2023 for 2022" section in the FAQ.
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‎April 11, 2024
8:40 AM