About to do our first ever Backdoor Roths. $14000 total.
My question is, for next year, is there anything wrong with making multiple contributions/conversions. Say $1000/month then convert to Roth for a total of 12 conversions.
Would this complicate taxes or give me multiple 8606 forms?
It would just help me from a cash flow perspective. Thanks!
My question is, for next year, is there anything wrong with making multiple contributions/conversions. Say $1000/month then convert to Roth for a total of 12 conversions.
Would this complicate taxes or give me multiple 8606 forms?
It would just help me from a cash flow perspective. Thanks!
Statistics: Posted by spencydub — Sat Dec 21, 2024 9:09 am — Replies 6 — Views 124