Which year tax to report IRA contribution and conversion to Roth made in Jan for last year?

[yykathy_QA]

I made Non-deductible IRA contribution in Jan 2022 and immediately converted to Roth (back door Roth). I remember I followed the process in Turbotax for backdoor Roth. And indicated contribution was for 2022 in Turbotax (and informed the broker). When I was working on 2023 tax, noticed no Roth was tracked in my 2022 tax return. I then looked at 2022 tax return pdf file and noticed I did not have 1099R. I did back door Roth contribution for 2023 in 2023. So I received two 1099 -R forms in 2023. I like to get expert guidance, do I need to amend 2022 tax return to include 1099-R? Or should I file two 1099-R forms in 2023 return? Please tell me which way is the correct? Your help is very much appreciated.

[dmertz · Accepted solution]

Roth conversions are performed in a particular year, not for a particular year.  The Roth conversion is to be reported on the tax return for the year in which the distribution from the traditional IRA occurs no matter what year the traditional IRA contribution was made for.

Because you received two From 1099-R in 2023, I suspect that you meant to say that in January of 2023 you made a traditional IRA contribution for 2022 and immediately converted to Roth, then later in 2023 (or at the same time, you made a traditional IRA contribution for 2023 and converted that in 2023.  If that's the case, you did two Roth conversions in 2023, both of which are reportable on your 2023 tax return and your 2022 tax return correctly shows no Roth conversion having been done in 2022.

[yykathy_QA]

I very much appreciated your quick and great support! This will save me a lot headache to do more research. Thank you!