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Personal Finance (Not Investing) • Back door roth/ Form 8606 H and R block

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Can someone help me?

I opened a traditional non deductible Ira with $7500. I then immediately rolled it into Roth (new).

I received a 1099r stating the $7500 is worth $7514.

In H and R Block software it states the 8606 is computed automatically and it states "your return doesn't include any covered distributions"

I'm confused as to what I need to do, if anything

Statistics: Posted by Heian — Wed Jan 31, 2024 7:47 pm — Replies 4 — Views 186



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