Hi DanaB27,I figured out why I was still getting federal and state tax going up despite following the 2024 backdoor conversion steps. I was screwing up the "non...
Hi DanaB27,Yes, the value of my traditional/SEP/SIMPLE IRAS on December 31, 2024 $0 (step 7) is 0.Here are all the prompts I get when I upload the Vanguard 1099...
Hi DanaB27,Thank You so much for your response and clearing up my confusion as the other lines on 8606 did not seem relevant. Yes, I do not have a basis from pr...
Hello DanaB27,I am in a similar situation, and understand the step by step process for the nondeductible contribution to traditional IRA for 2024 return. I also...
