nolanm
Level 4
02-06-2021
12:45 PM
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Hi all
I have a client who did 2x back-door Roth contributions in 2020. He earns too much for regular Roth contributions, He contributed twice after tax to an IRA, then rolled $6k into a Roth in May, and $6k into a Roth in December,
I now have 2 x 1099's showing the distributions from the IRA's in 2020.
I can enter the 1 x $6000, and designate it as a back door to make it not taxable.
What do I do about the 2nd contribution made in Dec 2020, and the 2nd 1099.
Thanks for the help
Nolan Menachemson