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 Form 8606 2023

8606 Printable 2023-2025 Form

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so you're trying to get more money into your roth ira but you just earned too much and now you're trying to do a backdoor roth but you've come across this pro rotter roll and you're trying to figure out what is the pro rule what's this formula and how do i figure this out and how much taxes am i going to pay so in this video we're going to talk about what the pro rata rule is what the formula is i'm going to go over an example and last but certainly not least i'm going to show you how to avoid all of this avoid the pro-rata rule avoid the extra taxes what's going on guys welcome back to the channel or if this is your first time at our channel welcome to the channel my name is travis sickle and let's go ahead and get started so let's start at the very beginning you've realized that you can't make a direct contribution into the roth ira but you still want to figure out how to get money

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