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Back Door Roth impacting refund?
Last year I did a back door roth conversion. Contributed to Traditional IRA, left until settled, then did conversion. No gains to report. When I filed this on Turbo Tax, it reduced the present refund I was showing. My understanding is that this should not be the case but it ended up reducing my end refund. How do I avoid that this year?
‎January 10, 2025
6:44 AM