Backdoor Roth IRA 2024 - Turbotax is taxing the entire amount of the conversion (which is incorrect - the conversion amount is the same amount as the basis from the non-deductible IRA that I am converting to Roth. in Retirement tax questions
I had an excess Roth IRA contribution in 2022 that I recharacterized. The excess amount was added again to my 2023 return and I paid a penalty. How do I fix this issue? in Retirement tax questions
Trying to understand why my K-1 Form 1065 Line 5 Interest Earned amounts are being transferred to my schedule B and why they are not being offset by my passive losses. in Business & farm
I am 75 with an IRA, receiving 2025 RMD. Part of the RMD paid directly to my church. Am I correct in assuming I do not have to include this amount in my taxable income? in Retirement tax questions
When does the 6,000 dollar additional benefit get subtracted, before you determine what percentage of benefit is taxable or after? in Retirement tax questions