Solved: Backdoor Roth - State Taxes went up

koswami · Feb 26, 2022 6:44:22 PM

<P>I entered the backdoor Roth IRA contribution in the Wages & Income section and Deductions and Credits section. My federal tax due was unchanged, but my state tax went up. Why did my state tax go up, I expect it to stay the same.</P>

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Backdoor Roth - State Taxes went up

Thank you.. If I contributed $6000, then basis would be $6000?

Backdoor Roth - State Taxes went up

Yes, your basis is $6,000 when you made $6,000 nondeductible contributions.

@koswami

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Backdoor Roth - State Taxes went up

perfect, this works!

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