Backdoor Roth IRA - Contribution & Conversion for 2022 made in 2023

savinelli
savinelli Member Posts: 2 Newcomer
in Filing my taxes

I contributed $12,500 into my Tra IRA in April 2023 (before the deadline). $6000 of that was designated for 2022. I immediately converted all $12,500 into my Roth IRA.

When filing my 2023 return, I get hit with the $6000 being excess Tra IRA contributions. It doesn't look like there's any place in my 2023 return to differentiate between the $6000 being for 2022 and $6500 for 2023.

Any help would be much appreciated.

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  • KeriC
    KeriC FreeTaxUSA Agent Posts: 97
    Answer ✓

    When entering your 2023 contributions, don't include the contributions that you made in 2023 that were designated as 2022 contributions. Here is what your contribution screen should look like based on what you have said.

    image.png

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