turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Backdoor Roth - TurboTax CPA a thing?

I'm looking for a tax situation for 2021 that goes beyond my ability to take care of most of my finances on my own. If I sign up for TurboTax Live, is this the kind of thing I'm able to talk with a CPA on? I need to understand the tax implications of rolling over a traditional IRA into a 401k so I can contribute to a Roth for backdoor conversions...can all of that be done in the same year?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
ErnieS0
Expert Alumni

Backdoor Roth - TurboTax CPA a thing?

Yes. TurboTax Live gives you unlimited access all year to credentialed tax experts such as Enrolled Agents admitted to practice before the IRS.

 

What is TurboTax Live?

 

A rollover from a 401(k) to Roth 401(k) is called a Mega Backdoor Roth.

 

Is The Mega Backdoor Roth Too Good To Be True?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies