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I'm stuck trying to correctly enter my traditional IRA basis for a backdoor Roth.
I had a balance of $18.10 in my traditional IRA on Jan 1, 2023. Contributed 7k, converted 7k to Roth all in 2024. Had a remaining $49 on Dec 31, 2024 in my traditional IRA. I'm entering my correct amounts when prompted in the deductions/credit IRA section, but it's not pulling a pro rata calculation for me on the conversion. Using desktop software.
Any last minute thoughts? 🙂
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To clarify, you entered the basis from your 2023 Form 8606 line 14 and the value on December 31, 2024, at the end of the retirement income interview?
Please note there is also a value question during the IRA contribution interview but this question doesn't carry the amount to Form 8606.
Please see How do I enter a backdoor Roth IRA conversion?
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