ColoradoTaxpaye r
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Again, this is a pass-through entity (i.e. all income is "passed through" to the owner as income on which s/he pays tax). There is no deduction at the entity (o...
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The IRS deems it "profit-sharing" and because the tax on profits passes through directly to me, it's after-tax.This strategy is called the "Mega Back Door Roth"...
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- Cheered Re: It's unlikely that it's incorrect. Why do you think it i... for DaveF1006. April 6, 2022 5:38 PM
- Posted Re: How Do I Get TurboTax to Register the After-Tax Contribution to My 401K Rolled Over to Roth IRA (a so-called "Mega Back Door Roth Contribution")? on Retirement tax questions. April 3, 2022 7:07 PM
- Posted Re: How Do I Get TurboTax to Register the After-Tax Contribution to My 401K Rolled Over to Roth IRA (a so-called "Mega Back Door Roth Contribution")? on Retirement tax questions. April 3, 2022 6:11 PM
- Posted How Do I Get TurboTax to Register the After-Tax Contribution to My 401K Rolled Over to Roth IRA (a so-called "Mega Back Door Roth Contribution")? on Retirement tax questions. April 3, 2022 11:40 AM