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What halal EFT's are you invested in?
1) When Does a software engineer start financial planning for retirement since the our Career span is only 15-20 years on average.
2) How much and which schemes to invest to mitigate the risk?
3) How much do we need for retirement?
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Shout out to the LGBT community here
Additional Posts in Tax Bowl
Congratulations on making it past 10/15!
Send over $500 and I’ll take care of your return for you.
Coach
I'll do it for $300 😂
I’m pretty sure any software would not flub a Roth conversion, which leaves only one other option 😄
So start at the beginning…did you contribute AND convert in 2021? Look very closely at Line 3 of the 8606 and go from there
Yea I know what u mean but I
Don’t see anything wrong .. maybe I will try another software
I literally had the exact same fact with one of my clients. Majority of form 8606 should be blank. Your contribution would be considered non deductible (nothing should show up on schedule 1 part 2 related to the IRA contribution) and the rollover to a Roth should not be taxable. You should also have received a 1099R with code 2.