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Backdoor Roth in Pennsylvania
Hi!
In 2019 I contributed $6,000 to a non-deductible IRA and then converted it into a roth IRA (backdoor IRA). I am having trouble with inputting my backdoor IRA on turbotax. The federal part seems correct, but when I get to the Pennsylvania tax section, it keeps wanting to list the $6,000 as income for Pennsylvania. I have it coded as an early distribution from a retirement plan. It lists the gross distribution as the $6,000, a cost basis of $0.00 and then PA Income of $6,000. Would it be correct to list the basis as $6,000 in this case? Thank you so much!!
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March 15, 2020
11:21 AM