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Backdoor Roth- Suggestion on Dividend accrued in Traditional IRA for 2024 conversion
Greetings,
Happy Holidays. I did back door Roth contribution (non-working spouse) through Fidelity in Nov 2024. Deposited funds held in Trad IRA before available to transfer to Roth IRA. Based on order history, I converted Full available (7000.85: CONV TO ROTH IRA) on 11/25/2024. A few days later, I noticed there was dividend amount received for the time the funds were in Traditional IRA. I did not file any form for that dividend in 2024 filing or transfer that amount (now total $21) to Roth.
1. Reported 7000.85 in 2024 filing on 1040 form as IRA distribution (4a) - based on form received from Fidelity. Any additional filing I missed?
2. How to address dividend amount in Traditional IRA (now its 2025 filing time).
Thanks in advance.
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4 weeks ago