jhlight12
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@DanaB27- this seemed to solve the issue! I think the issue was I originally answered yes to the "recharacterized question". Was definitely not clear that this ...
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Yep - 4b on my 1040 preview is showing 7005 as the taxable amount.And on my 2024 basis - I can confirm the amount in my traditional IRAs was $0 after I converte...
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Were you able to figure this out? I am following the steps in TurboTax's linked article as well, and it appears to not be handling the backdoor Roth conversion ...
Activity Feed for jhlight12
- Posted Re: 2024 Backdoor Roth Conversion impacting fed+state refunds on Retirement tax questions. February 23, 2025 9:48 AM
- Posted Re: 2024 Backdoor Roth Conversion impacting fed+state refunds on Retirement tax questions. February 23, 2025 9:39 AM
- Posted Re: 2024 Backdoor Roth Conversion impacting fed+state refunds on Retirement tax questions. February 23, 2025 4:12 AM