Hello, I am in a similar situation. I contributed $7K in December to traditional IRA but my brokerage says that the funds will not be available to transfer into Roth IRA until Jan 9. It looks like it will earn an interest for that duration. My questions then are 1) can I still make this as a 2024 backdoor contribution to Roth in Jan? 2) Since the funds in my traditional IRA is going to earn interest, will this prevent me from transferring to Roth IRA? How would I report my 2024 taxes?
