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Retirement tax questions
On my 2024 taxes, I am currently reporting a recharacterization (checking the Roth IRA contribution box). Do I need to go back in and check the Traditional IRA instead since I am planning to backdoor the recharacterized contribution to my Roth IRA? Otherwise if I check both the Traditonal IRA box and Roth IRA box it says that I have excess contributions.
‎February 21, 2025
8:18 PM