https://ttlc.intuit.com/community/retirement/discussion/backdoor-conversion-to-roth/01/3212342#M213347 <P>I contributed $1,500 to a Traditional IRA with a $0 balance on Dec 23, 2023, and transferred the money to a Roth IRA on December 31. However, the transaction processing took a few days and the money was converted on January 5, 2024. I received the 2023 Form 5498 IRA Contribution, showing a $1,500 IRA contribution. I expect to receive the Form 1099-R in 2024. Should I report this conversion in 2024? What should I enter for 2023?</P> Tue, 10 Feb 2026 10:58:20 GMT Art67 2026-02-10T10:58:20Z https://ttlc.intuit.com/community/retirement/discussion/backdoor-conversion-to-roth/01/3212342#M213347 <P>I contributed $1,500 to a Traditional IRA with a $0 balance on Dec 23, 2023, and transferred the money to a Roth IRA on December 31. However, the transaction processing took a few days and the money was converted on January 5, 2024. I received the 2023 Form 5498 IRA Contribution, showing a $1,500 IRA contribution. I expect to receive the Form 1099-R in 2024. Should I report this conversion in 2024? What should I enter for 2023?</P> Tue, 10 Feb 2026 10:58:20 GMT https://ttlc.intuit.com/community/retirement/discussion/backdoor-conversion-to-roth/01/3212342#M213347 Art67 2026-02-10T10:58:20Z https://ttlc.intuit.com/community/retirement/discussion/re-backdoor-conversion-to-roth/01/3212425#M213352 <P>Report the conversion in 2024 and the contribution in 2023.&nbsp;</P> Fri, 23 Feb 2024 05:19:08 GMT https://ttlc.intuit.com/community/retirement/discussion/re-backdoor-conversion-to-roth/01/3212425#M213352 Bsch4477 2024-02-23T05:19:08Z