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thiruguru
New Member

I contributed after tax money into traditional IRA, then I converted to Roth IRA from traditional IRA as back door option. Is that taxable? I have 1099-R.

 
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1 Reply
MindyB
Employee Tax Expert

I contributed after tax money into traditional IRA, then I converted to Roth IRA from traditional IRA as back door option. Is that taxable? I have 1099-R.

No.  Since you did not deduct the traditional contributions originally, the conversion of IRA contributions is not taxable.  However, any earnings that were converted to a Roth on top of the traditional contributions are taxable.  

 

If you would like instructions to report the conversion in TurboTax, see: How do I enter a backdoor Roth IRA conversion?

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