I had a question if this is considered converting $8000.00 using $0.0 of my own money since it was a non deductible contribution. I'm unsure of which option to select of the choices listed below. These are my options in turbotax online version to report roth conversion:
Because $0.00 was withheld in taxes, you should only select Yes if you actually converted $8,000.00 using $0.00 of your own money.
Yes, all of this money was converted to a Roth IRA
No, I converted less than $8,000.00
Thanks for helping me figure this out.
