Retirement tax questions

yup that's a conversion

 

but the conversion is part of your 2025 taxes not 2024, all you should put into your 2024 return is the non-deductible contribution to the Trad IRA, which will be reflected as a basis in your IRA  online 14 of Form 8606 which carries forward to 2025.

 

Roth conversions are taxed by calendar year, when you get the 1099-R for 2025 you would then include the conversion in your 2025 taxes.

 

See https://ttlc.intuit.com/turbotax-support/en-us/help-article/retirement-benefits/enter-backdoor-roth-...

 

Check there was no misunderstanding with your brokerage also if you asked them to "recharacterize" it - check the transaction was classified as a contribution to your Trad IRA and conversion to your Roth IRA (which is just a transfer between IRAs), not a contribution to your Roth IRA.  You should also have Form 5498s showing the contribution to the correct account.