Backdoor Roth, dividend received on 12/31
Posted: Fri Jan 10, 2025 8:37 am
Hi All,
I did my first time backdoor Roth in early December 2024 in fidelity, and did convert the entire money from the tIRA to Roth IRA, but I just found out that there was a $3 dividend deposited to my tIRA on 12/31, what should I do now? Any tax consequence since this results my tIRA didn't have a 0 balance on 12/31.
Thanks for any advice!
I did my first time backdoor Roth in early December 2024 in fidelity, and did convert the entire money from the tIRA to Roth IRA, but I just found out that there was a $3 dividend deposited to my tIRA on 12/31, what should I do now? Any tax consequence since this results my tIRA didn't have a 0 balance on 12/31.
Thanks for any advice!