1. Made $6000 non-deductible contribution to an IRA with 0 balance and put in money market fund.
2. Earned $1 before I converted to Roth, but instead of $6001, I only converted $6000. Left with $1 on IRA.
I plan to perform back door Roth in future years. What should I do with this $1? Can I convert them next year?
2. Earned $1 before I converted to Roth, but instead of $6001, I only converted $6000. Left with $1 on IRA.
I plan to perform back door Roth in future years. What should I do with this $1? Can I convert them next year?
Statistics: Posted by simple2023 — Sat Jan 20, 2024 4:31 pm — Replies 0 — Views 65