Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Feb 9, 2024 9:09:51 AM

We're filing married and my wife made a backdoor roth contribution in Jan 2024. What are the steps to report in turbotax for 2023 tax filing?

0 3 861
3 Replies
Expert Alumni
Feb 9, 2024 9:22:33 AM

It is a 2 step process to reporting the backdoor Roth.  You can follow the instructions in this link to report your backdoor Roth, using the link for either TurboTax Online or Desktop. 

Level 2
Feb 12, 2024 6:44:52 AM

Thank you!  So to confirm, if we did not receive a 1099-R for 2023, since the traditional IRA contribution which was converted to a Roth IRA in 2024, we should only complete step 1 outlined in your message?

Expert Alumni
Feb 12, 2024 4:35:59 PM

Yes, you only do the 1st step as mentioned by @Vanessa A, since step two involves reporting the Form 1099-R, which you won't receive until 2024.