Skip to content
Warren AI
Sign in
Retirement Planning
Chapter 8: IRAs & Roth IRAs/BACKDOOR ROTH
Warren Academy Course SyllabusSyllabus Slides
Chapter Study Session

Chapter 8: IRAs & Roth IRAs

BACKDOOR ROTH

01.Core Concepts

Nondeductible Contribution to IRA of $7,000 IRA Conversion to Roth IRA Roth IRA • No income on backdoor Roth, unless taxpayer has pre-tax funds in their IRAs. If so, then basis must be prorated over all IRA balances. • Permits taxpayers who have income in excess of annual contribution limits to fund Roth IRAs.