THE client transferred money to a non deductible IRA contribution and then transferred the exact same amount of money into a Roth IRA
This discussion has been locked. No new contributions can be made. You may start a new discussion here
I can check my input for doing that tomorrow when I'm back at the computer... it's been a year or two since I had one.
https://proconnect.intuit.com/community/lacerte-discussions/discussion/back-door-roth-contribution/0...
The links George provided 'splain better than I can.
The key is that you have to include ALL IRA's amounts, not just the one being backdoor'ed.
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.
