barrejon000
Returning Member

I contributed money to a traditional IRA in 2018, but later moved the money to a different institution and then converted it to a Roth. Can I still claim that deduction?

I contributed $1500 to a traditional IRA at Fidelity in 2018, the account is still open with a $0 balance, because I transferred this money to a traditional IRA at Edward Jones. Edward Jones then converted the $1500 to a ROTH and closed the Traditional account the money was transferred to. I reported the conversion from a 1099-R in the Income portion. However, I want to know if I can still claim that $1500 as a traditional contribution on the deduction portion? Or is this money considered a Rollover?