Hi,
In 2017 I did a backdoor Roth IRA (contributed $5500 to traditional in 2017 and converted to Roth in 2017) and followed these instructions which were great:
https://ttlc.intuit.com/community/retirement/discussion/how-to-report-backdoor-roth-in-turbotax-usin...
In 2018 I did not make an IRA contribution and therefore did not get a 1099R or fill out form 8606.
In 2019, I contributed $5500 to traditional for 2018 and converted to Roth a few days later in 2019. Now I'm not sure how to report this in TurboTax?
For "Any Nondeductible Contributions to IRA?" am I supposed to say Yes?
In the Deductions & Credits Section of "Tell Us How Much You Contributed":
Total 2019 traditional IRA contributions: $5500
Tell us how much of the above total contribution for 2019 you contributed between 1/1/20-4/15/20: If I put $5500 my refund goes way down. If I put 0, that's what my refund is supposed to be.
Am I supposed to ammend my 2018 tax return with a form 8606?
I just did the same for 2019 (contributed $6,000 to traditional in 2020 for 2019 and converted to Roth in 2020). For 2020 I'd like get back on track and contribute $6,000 to traditional in 2020 and convert to Roth in 2020 to avoid this situation from now on.
