Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Tax year 2025 individual e-filing is now open. For resources to help start your tax season check out Hot Topics here.
Tax year 2025 individual e-filing is now open. For resources to help start your tax season check out Hot Topics here.
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Lacerte Tax
- :
- Lacerte Tax Discussions
- :
- Backdoor Roth conversion
Backdoor Roth conversion
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
S13
Level 2
Tuesday
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Client contributed $6500 in Traditional IRA in 2023 (non deductible IRA). Received 5498 for this contribution. Immediately converted to ROTH IRA in 2024 by using backdoor ROTH conversion strategy. There is no Other IRA account and no balance. In 2024 client contributed $7000 (non deductible IRA) and Converted to ROTH IRA by using backdoor Roth Conversion in 2025. How to report this on form 8606 in 2023 and 2024 , 2025 and calculate taxes if any
. Contributions made with after tax money (post tax)
Thank you
Sam
Labels
1 Comment 1
