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How do I enter recharacterization of excess Roth contribution and subsequent backdoor Roth contribution?
I realized that my income was going to be over the limit for contribution for 2019 after I had already contributed, so ended up recharacterizing $3000 + gain of 268 from my Roth IRA to Traditional IRA in December 2019 and I contributed additional $3000 into my Traditional IRA to fill up $6000 contribution limit for 2019, then I converted total of $6268 from my Traditional IRA to Roth IRA. How do I enter this information on TurboTax?
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March 15, 2020
3:53 PM