There is no issue in TurboTax when reporting a backdoor Roth IRA conversion. It is a simple, two-step process if the non-deductible Traditional IRA contribution and the subsequent conversion to a Roth IRA take place in the same calendar year. It can be a bit more complicated if these two steps span over two years.
See the TurboTax help article below for instructions:
How do I enter a backdoor Roth IRA conversion?
Not everyone uses the 'backdoor' method when converting a Traditional IRA to a Roth IRA. The conversion can take place from any Traditional IRA, including one with deductible contributions. If that is the case, then it is not a tax-free transaction. If the taxpayer has any Traditional IRA accounts with any deductible contributions, then at least a portion of the amount converted will be taxable. TurboTax can handle this situation as well.
Also, it is never a good idea to alter your inputs of Form 1099-R to be different than what was reported to you. That's a good way to get a letter from the IRS down the road.
@jrdinsmore
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
