Michigan Back Door ROTH Qualifying Private or Non Qualifying?

[Steve_tt]

I did a backdoor conversion of my traditional IRA to ROTH, Since I received a 1099-R with a distribution code of 2, I would like to know if this is a Qualifying Private Retirement benefit or Non-Qualified Retirement benefit?

Thanks!

[DanaB27 · Accepted solution]

Traditional and Roth IRAs are Non-Qualified Retirement plans.

Please see What is a "qualified retirement plan"? for additional information

[Steve_tt]

Will that still hold good even for a backdoor conversion?

[DanaB27]

Yes, that would still apply to backdoor Roth conversions.

Please make sure you select "Current year conversion from a traditional IRA to a Roth IRA" on the "Where is your distribution from?" screen after you enter your Form 1099-R during the federal interview.