gibbsds
New Member

Retirement tax questions

Thanks for all the help.  We are now running an alternate scenario where we make only the original $2,000 / each traditional IRA contribution that we declared non deductible and back door converted to Roths in calendar year 2016 the only non deductible contribution for 2016.  The remaining $4,500 / each that we will contribute before the April 18, 2017 deadline for 2016 we will elect as deductible for a total of $9,000 in deductible IRA contributions for 2016.  I may be thick, but why does this result in the original $2,000 / each being TAXABLE Roth conversions?  We each declared the $2,000 non deductible and had no other IRA assets when we converted them to Roths in calendar year 2016.