How To report Backdoor Roth IRA Contribution in Turbotax
We often recommend and have clients doing a Backdoor Roth IRA contribution as part of their retirement planning. While our clients usually engage a CPA to prepare their taxes some prepare their own. If you are a turbo tax user this link may be helpful on how to handle the conversion for the federal return. https://thefinancebuff.com/how-to-report-backdoor-roth-in-turbotax.html Please note this does not constitute tax advice.