Hi,
I contributed to a nondeductible IRA in March 2019 for 2018, then did then converted the amount to a Roth IRA immediately after. I realized I didn't complete the 8606 form when i filed my 2018 taxes.
I have a couple of questions, (1) when I go back to complete the 8606 form for 2018, what do i put in line 2 for the total basis in traditional IRAs? (I converted the ira to roth a day after opening)
(2) How do I account for this in Turbo tax on my 2019 taxes? I have gone through the screens multiple times and I'm lost.
Any help is greatly appreciated!
Thanks!
