Question

Back door conversion from traditional IRA to Roth IRA only counted the husband and not the wife

Forum|Forum|6 years ago
March 2, 2020
1 reply
0 views

Hello,

My wife and I did a back door conversion to convert 14k (7k each) from traditional IRA to Roth IRA in 2019 as both of us are over 50 years old. We both did receive 1099-R from our broker.

Turbo Tax for some reasons only recognized the husband 7k as not taxable while the wife's 7k as taxable.

Should both contribution from the husband and wife be consider non taxable as the 14k were after-tax dollars that went into traditional and immediate converted to roth? Me and my wife each has our own IRA and we converted separately.

macuser_22

Employee

It sounds like you did not properly enter the wife's non-deductible IRA contribution properly. Was it a 2019 contribution made *in* 2019? If properly entered, it should be on wife's 8606 (probably the 8606-S if the wife is listed 2nd on the tax return) line 1 (and not also on line 4).

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

W

wtang922Author

yes, there was a 8060-S generated for my wife in Turbo Tax. She contribute in 2019 so there were no basic from 2018 since 2019 is when she started putting money in.

macuser_22

Employee

@wtang922 wrote:

yes, there was a 8060-S generated for my wife in Turbo Tax. She contribute in 2019 so there were no basic from 2018 since 2019 is when she started putting money in.

But is the 2019 contribution on line 1 and not line4?

Compare here 8606-S with yiur 8606-T to see what is different if you did the same thing for each,

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**