Skip to main content
January 25, 2023
Question

I am trying to enter a backdoor roth contribution and the instructions on the help page does not match the workflow

  • January 25, 2023
  • 1 reply
  • 0 views
The workflow is not allowing me to make the traditional contribution non-deductible

1 reply

January 25, 2023

Reporting a backdoor Roth conversion is a two-step process.  Enter the non-deductible contribution to a traditional IRA first. 

 

You’ll receive a Form 1099-R with code 2 in box 7 (or code 7 if your age is over 59 ½) in the year you make your Roth conversion. You should report your conversion for the year you receive this 1099-R:

  • If you received this form in 2022, complete both steps to report it on your 2022 taxes
  • If you'll receive this form in 2023, wait to report it on your 2023 taxes. In this case, only complete Step 1 below for your 2022 taxes. You’ll complete both steps next year when filing your taxes for 2023

Click this link for the steps on Entering a Backdoor Roth Conversion.

January 25, 2023

I completed this step in addition to the other one provided however the workflow in the system is incorrect

January 25, 2023

@katie-ann700  please clarify - which step is not working correctly for you?

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"