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Retirement tax questions
There is something wrong with the backdoor contribution this year. For my wife's I made two $5500 backdoor contributions in 2017, one for 2016, one for 2017. So $11,000 in income. It's trying to say I owe a lot in taxes for that, whereas in both cases, it was a nondeductible IRA contribution followed by a Roth conversion the next day. When I delete this, the amount I owe changes by several thousand dollars. So I'm doing something wrong here in TurboTax.
May 31, 2019
10:33 PM