Traditional IRA recharacterized to Roth IRA in 2024 but due to job changes now we exceed MAGI in Retirement tax questions
I recharacterized over contributions to my Roth IRA into a Traditional IRA. I then back door converted the Traditional back to Roth. How do I report? (Forms 5329 & 8606)? in Retirement tax questions
I have mega backdoor roth for 2023 (already filed) and 2024 and backdoor roth for 2024. The 1099 R generated includes all, causing an excess traditional IRA contribution. in Retirement tax questions