I contributed $5,500 to a non-deductible IRA on 12/27/2017 and next day initiated the conversion of the balance of $5,501.29 in non-deductible IRA to Roth IRA. Due to Brokerage Company processing delay, the Conversion of $5,501.29 to Roth IRA actually took place on 01/04/2018.
- Is it a conversion to Roth for 2017 or 2018? How do I report this conversion to IRS
- Will I be able to convert another $5,500 from non-deductible IRA to Roth IRA in 2018?
- IS there any amount limit for Non-deductible IRA conversion to Roth IRA per year?