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#410 End Of Year Open Forum | Q&A Tax Questions

Main Street Business

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Do I Need to Complete the Backdoor Roth IRA by December 31?

The backdoor Roth IRA remembers two things. It's a non-deductible traditional IRA contribution, which you can make until April 15. The conversion is not taxable because you didn't take a deduction. So even if you're like wanting to do a backdoor Roth IRA by for 2022 to get your 6 grand in, you don't need to be hustling right now. Jedwood wants to talk about our new certified tax advisor program.

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