JohnB5677
Expert Alumni

Retirement tax questions

A backdoor Roth IRA allows you to get around income limits by converting a Traditional IRA into a Roth IRA. Contributing directly to a Roth IRA is restricted if your income is beyond certain limits, but there are no income limits for conversions.

 

Doing a backdoor Roth conversion is a two-step process.

 

TurboTax Online

TurboTax CD/Download

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