Excellent summary of the Wages & Income section. Can you clarify or enhance this post to explain how to handle the Deductions & Credits section when you get to "Retirement and Investments" - "Traditional and Roth IRA Contributions"? Again, the scenario is I contributed to two Trad IRAs for each me and spouse and then within the same tax year performed the conversion to Roth.
For reference, I received two 1099-R's from my broker (one me, one spouse). They were auto-uploaded when I imported brokerage info. Then, I performed the steps in the post above in Wages and Income. Now I'm in the Deductions section.
First question, after doing the steps above for wages... in the deductions section the first question TT asks is "check the boxes for kinds of IRAs each of us owns or will contribute to for 2024". I assume the answer is to check both Trad and Roth for each of us.
Second question is "is this a repayment of distribution"? - which this is not
Third question, "Tell us how much you contributed" Enter the total amount "NAME" put into a traditional IRA for 2024, even if you later transferred some or all of it to a Roth IRA. Note: Do not enter any of the following here: Roth contributions, rollovers.
So, this is the crux of my question - do I put my 2024 traditional IRA contribution here? I assume yes.
