krause
New Member

Retirement tax questions

How do I do this on Turbotax?

Realized I was over the income limit so recharacterized my roth IRA contribution (6000 + earnings, to 7,058.61), then converted the traditional (7,058.61) to roth. I created my Traditional IRA this year, but the conversion is for 2019 confusingly.

I think Turbotax supports this but the menus are confusing AF in my case. Most people just contribute to a traditional then convert, but I had to recharacterize first, then convert.

Made a video here of me clicking through it, am i doing anything wrong?

https://youtu.be/NTk2qpzb5M4