glovskys
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I followed this guidance from TurboTax boards and used EasyGuidein my 2019 filing process to tell IRS that my basis should have only been 5500 in previous year ...
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I think I rectified things by using easy guide in TT software and telling IRS that I mistakenly filed last year with incorrect basis / didn’t correctly add in m...
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Last thing...Given my modus operandi the last 5 years, my basis should always be around $5500 while my balance on all nontraditional IRAs on December 31st of an...
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every year that I file (for the last 5 years), I do two things:- I contribute the max $5,500 for that tax year I'm filing, but always do so in the following yea...
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Now I am almost positive, I screwed up in 2018 filing so amending it in 2019 filing to ensure my basis is never more than 5500 in any given year. Basis should h...
Activity Feed for glovskys
- Posted Re: Basis after Backdoor Roth conversions on Retirement tax questions. April 19, 2020 4:19 PM
- Posted Re: Basis after Backdoor Roth conversions on Retirement tax questions. April 19, 2020 3:01 PM
- Posted Re: Basis after Backdoor Roth conversions on Retirement tax questions. April 19, 2020 2:01 PM
- Posted Re: Basis after Backdoor Roth conversions on Retirement tax questions. April 19, 2020 1:59 PM
- Posted Re: Basis after Backdoor Roth conversions on Retirement tax questions. April 19, 2020 12:11 PM
- Posted Re: Basis after Backdoor Roth conversions on Retirement tax questions. April 19, 2020 11:04 AM
- Posted Re: Basis after Backdoor Roth conversions on Retirement tax questions. April 13, 2020 5:26 PM
- Posted Re: Basis after Backdoor Roth conversions on Retirement tax questions. April 13, 2020 4:47 PM
- Posted thank you. my main concern is when i am retirement age,... on Retirement tax questions. June 6, 2019 9:33 AM
- Posted last year (and several years prior to that) i both contri... on Retirement tax questions. June 6, 2019 9:33 AM
- Posted Basis after Backdoor Roth conversions on Retirement tax questions. April 13, 2019 10:32 AM
- Posted Executing Backdoor Roth correctly / Basis from previous year on Get your taxes done using TurboTax. April 13, 2019 9:57 AM