Hi!
This is my first year doing a backdoor Roth IRA via turbotax. I believe I did the federal portion correctly (Form 8606 looks good as well as the tax return)..
However, I'm having a little confusion with the state tax return.
I contributed $6500 to my traditional IRA and $2 grew overnight for a total conversion into my Roth IRA of $6502. I am paying the taxes on my federal for the additional $2.
My question is... How would you answer this question?