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Backdoor Roth - Transaction in 2023 for 2022
Hi - Would love some guidance.
In 2022 I made 2 $6k contributions to a Traditional IRA and converted it to a Roth IRA. One on 1/6/23 and one on 1/12/23. I was intending for the first $6K contribution to be for the 2022 tax year and the 2nd contribution for the 2023 tax year.
I now received a CP2000 and the $6K is being taxed as retirement income. How can I correct this?
Thank you
‎October 16, 2024
12:56 PM