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Does anyone have instructions for entering info on backdoor IRA -Roth in Turbotax? Opened nondeductible and reported last year. Converted this year. TT figures a penalty.
Not eligible for IRA or Roth - income. For backdoor Roth IRA opened a non-deductible IRA for wife in Jan 2018- reported it on 2017 return. Converted to Roth in Dec 18. Only IRA in her name. TurboTax figures a penalty for her Roth conversion. Can someone help with how to enter this in TurboTax? Thanks!
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‎June 4, 2019
2:37 PM