- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
To clarify, when was the IRA contribution for 2024 made? And when was it converted? Was there a balance in all of his traditional IRAs on December 31, 2024?
If the 2024 contribution was converted also in 2025 with the nondeductible traditional IRA contribution for 2025 then you should have a 2025 Form 1099-R showing the total for this conversion (around $16,000) and you will need to review your entries in the retirement section.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
5 hours ago