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    • Created with Sketch. See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
    Created with Sketch. See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
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    back door ira conversion

    aahelper1
    Level 3
    ‎03-31-2021 07:49 PM

    how to report the back door ira conversion on form 8606; client contribution $7000 and on the same day converted the $7000 Roth IRA

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    1 Comment 1
    dd4vols
    Level 10
    Level 10
    ‎03-31-2021 09:44 PM

    On the 1099-R where he withdrew the $7,000 reg IRA , scroll down to the Additional Distribution Information , and  check the box  on Line B5

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