You have excessively berated yourself. A person with those characteristics would never have recognized they might have made an mistake.Todd, you nailed it.Unless they moved it, go to Federal Taxes -> Deductions & Credits -> Traditional and Roth IRA Contributions.I uploaded my 1099-R, doesn't that take care of it?You haven't entered your 2022 traditional IRA contribution.This question is an extension of my backdoor Roth IRA tax discussion.
My 2022 tax return form 8606 was completed incorrectly. Part 1 is blank and I was taxed on the 6000 I contributed to my Trad IRA and rolled over to the Roth. ie, double taxed.
Each year my Trad IRA balance is zero, no other accounts to report.
I logged into TurboTax to correct this, but it only asks for basis up to end of 2021. This to me is odd, why isnt 2022 included? If I enter 0, since the account balance is 0, I still get double taxed. If I enter my 2022 basis, I do not get double taxed.
What am I missing? There does not seem to be an option in TT to account for my 2022 basis even though im corrected my 2022 tax year return. I would like my ~1400 USD back!
Can anyone help?
Tx
And if not, if i'm being even more thick, I cannot locate where to enter Trad. IRA contributions for 2022... any tips for me?
Tx for replying so quickly
The cause of all this is that I (wrongly) assumed the 1099-R took care of that entry.
I found the section you mentioned
All in I will get back ~3500 for two years worth of me being an idiot
Statistics: Posted by RetiredAL — Sun May 19, 2024 5:22 pm — Replies 8 — Views 316