Retired 60 yo, rolled over $8007 from 403b to Trad IRA in backdoor Roth IRA conversion in 2024. Paid $1761 in taxes from amt. How do I access form 8606 & avoid 6% penalty
No earned income, just pension; Trad IRA acct is empty due to conversion & paying taxes up front.
Planning another backdoor Roth conversion in 2025. What should I do differently?
