About Tiborone

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Re: Advanced level - Backdoor ROTH IRA conversion timing

Perfect, now everything is clear. Thank you Opus 17, fanfare and BarbL, great community here.

Tiborone

Updated May 10, 2023
Re: Advanced level - Backdoor ROTH IRA conversion timing

Thanks fanfare! So I Turbotax will generate the tax when I report the conversion in my 2023 returns, right?

Tiborone

Updated May 10, 2023
Re: Advanced level - Backdoor ROTH IRA conversion timing

Sounds good. So the steps if I understand well will be:- add another 6,5k nondeductible contribution per person today (increased amount for 2023. It is an optio...

Tiborone

5

Updated May 10, 2023
Re: Advanced level - Backdoor ROTH IRA conversion timing

I think I know what's my problem now 🙂So I have completed the Traditional IRA contribution part in Turbotax. Deductions is zero, so I'm good for now.Then I wou...

Tiborone

11

Updated May 10, 2023
Re: Advanced level - Backdoor ROTH IRA conversion timing

Thank you, fanfare, I think I get it now.

Tiborone

Updated May 10, 2023

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Date Registered	‎May 9, 2023 4:12 PM
Date Last Visited	‎May 19, 2025 8:28 AM
Total Messages Posted	8

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