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Retirement tax questions
The Traditional has a 1099-R, while I am not seeing a 1099 for the Roth contribution (one not needed for Roth?)
I am looking at the 1099-R now, and you are right.
1 = contribution amount.
2A = $0.00 taxable.
5 ~ actually there is no value here in field 5.
7 = G (distribution code)
Well, guess I was expecting this to be more challenging, based on the similarities with the backdoor IRA conversion which is confusing and awkward to properly document.
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Wow, that all worked on the first try. Thank you!
March 16, 2020
3:29 PM