A backdoor Roth IRA allows you to get around income limits by converting a traditional IRA into a Roth IRA. You’ll get a Form 1099-R the year you make the conversion.
Reporting a backdoor Roth conversion is a two-step process.
7. Did You Change Your Mind? と質問されますが、ここは No として次に進みます。
8. Any Excess IRA Contributions Before 2024? と質問されることがあるかもしれません。限度額以上は入金していない前提で No を選択して次に進みます。
9. Any Nondeductible Contributions to {Name}’s IRA? と質問された場合、過去の Tax Return に Form 8606 があるかどうかを確認します。過去に Traditional IRA から Roth IRA にコンバージョンした場合は Form 8606 が Tax Return に報告されています。その場合には Yes を選択します。
10. Let’s Find Your IRA Basis が出るので、ここでは昨年およびそれ以前の Form 8606 を確認し、total basis という欄を見つけてその額を入力します。
11. 手順を進めて Choose Not to Deduct IRA Contributions という画面が出てきたら Yes, make part of my IRA contribution nondeductible を選択して全額入力します。
この画面が出ずに Income Too High To Deduct an IRA Contribution というメッセージが出た場合はそのまま次に進みます。
12. その後回答項目が出てきたら質問事項に従って入力が完了するまで進めます。
Step 2: Roth Conversion の入力
1. Personal タブ > Personal Income を選択し、I’ll choose what I work on を選択します
TurboTax ヘルプでは Wages & Income メニューと記されており少し苦労します。Home & Business 以外では混乱しないと思います。
2. IRA, 401(k), Pension Plan Withdrawals (1099-R) を選択します。
3. Your 1099-R Entries が表示された場合、以下の選択をします
入力済みの 1099-R が該当の Traditional IRA の場合は Edit
入力済みの 1099-R が異なる内容の場合には Add Another 1099-R
Did you have any of these types of income in 2024? が出た場合にはそのまま進みます。
4. Traditional IRA の 1099-R をインポートもしくは手動で入力し、入力が完了したら Continue で次に進みます。
5. Did {Name} Inherit the IRA from {Payer} が表示されたら No を選択します
6. What Did You Do With The Money From {Payer}? が表示されたら、以下の選択をします。
{Name} moved the money to another retirement account (or returned it to the same retirement account).
{Name} did a combination of rolling over, converting, or cashing out the money.
さて、なぜ切替えをしなければならなかったか、というとBILTは発行元カードが２つあって、ひとつはEvolve Bank and Trust、もうひとつはWells Fargoであり、前者発行カードは2024年末でサービス停止をするために切替えが必要だということでした。
BILTに入ったのは2021年11月末。入居していたアパートがBILTと提携したため、先行してカードに入ることができました。その時の発行元がEvolve Bank and Trustで当初は招待制でしか入ることができなかったのが、2022年の3月〜4月頃になると誰でも申し込みができるようになりました。実はこのタイミングで発行元がWells Fargoに変わっていたようで、私は全く知りませんでした。
2024年6月頃にBILTから通知が届き、Evolve Bank and Trustで発行されていたBILTは実はBetaカードで、これは2024年末で廃止。2025年からは Wells Fargoに一本化するということからBetaカードユーザーに対しての切替え案内が届きました。
Get complimentary access to DashPass – a membership for both DoorDash and Caviar – a value of $120 for 12 months – which unlocks $0 delivery fee and lower service fees on eligible orders for a minimum of one year when you activate by Dec 31, 2027.
Plus, DoorDash members get up to $10 off a month on non-restaurant DoorDash orders.
Get complimentary access to DashPass – a DoorDash and Caviar membership – – a value of $120 for 12 months – which unlocks $0 delivery fees and lower service fees on eligible orders for a minimum of one year when you activate by December 31, 2027.
Plus, DashPass members get access to up to $25 in monthly savings with a $5 monthly credit automatically credited to your DoorDash account and up to $20 per month to use on non-restaurant DoorDash orders, via two $10 promos.
* Promotion available as of 5/1/2024 and is subject to change without notice. New members who open a qualifying UNIFY checking account (excludes Right Start Checking) with a Visa® Debit Card will receive a $50 bonus to the checking account following the first statement cycle. Earn an additional $50 bonus by establishing a recurring ACH Direct Deposit of at least $500 aggregate per month. New Direct Deposit must be posted within 60 days of account opening and bonus will be paid in the statement cycle following the 60th day. Receive an additional $1 bonus for each purchase made with new UNIFY Visa Debit Card that exceeds $5 within the first 60 days of account opening, limit $50 bonus. Bonus will be credited to the checking account in the statement cycle following the 60th day. All bonuses are limited to one per member and account. Members with multiple accounts or accounts with multiple owners will not receive multiple bonuses. Account must be in good standing to receive any bonus and member responsible for all applicable taxes. Membership eligibility and account qualification apply, which includes opening a membership savings of at least $5. Minimum deposit of $25 required to open FREE Checking, HY Checking or eChecking Account. UNIFY employees, volunteers, and family members not eligible. Members cannot have had a UNIFY FREE Checking or eChecking Account within the last three (3) years. Not valid with any other offers.
New members who open a qualifying UNIFY checking account (excludes Right Start Checking) with a Visa® Debit Card will receive a $50 bonus to the checking account following the first statement cycle.
1ヶ月に総額$500以上のRecurring ACH Direct Depositをすることで$50ボーナス。デポジットは開設後60日以内に達成する必要あり。
Earn an additional $50 bonus by establishing a recurring ACH Direct Deposit of at least $500 aggregate per month. New Direct Deposit must be posted within 60 days of account opening and bonus will be paid in the statement cycle following the 60th day.
Receive an additional $1 bonus for each purchase made with new UNIFY Visa Debit Card that exceeds $5 within the first 60 days of account opening, limit $50 bonus.
APY = Annual Percentage Yield. As of August 29, 2024, HY Checking Accounts earn dividends up to 4.00% APY on average daily balances between $2,000—$15,000 Average daily balances between $0-$1,999.99 and over $15,000 earn 0.05% APY. Balance ranges and corresponding dividend rates and annual percentage yields applicable to each tier are disclosed in the Consumer Truth in Savings Schedule. Each dividend yield will apply only to that portion of the account balance within each balance range. Minimum opening deposit is $25. Dividends earned and ATM fees reimbursed each month you meet the following qualifications: have recurring direct deposit or conduct eDeposits, of at least $500 aggregate for the month, and conduct at least eight (8) purchase transactions with your UNIFY debit card. Enrollment in eBanking required to track progress of HY Checking requirements.
$20 monthly account fee applies if account requirements are not met each month. Requirements include logging into FREE eBanking at least once a month, conducting eight transactions (point-of-sale or signature-based) using your Debit Card per month, and being signed up for eStatements.
FAQのAre there transaction limits with my card for purchases and ATM transactions?に書いていますが、タイムゾーンはEastern Time東海岸時刻のようなので、日本で引き出す場合には朝と午後で引き出すことができる。
Daily limits reset each day at 12:00 midnight ET. Daily limits are subject to the Available to Withdraw balance in your account and specific daily transaction limits, which are not shown.
ちなみにBank of Americaのデビットカードを直接利用した場合、海外の提携銀行ATM以外で利用すると$5の手数料が毎回発生するとある。そして日本には提携金融機関やATMは無いので、日本で利用すると毎回$5は必ず発生する。
Use your Bank of America ATM or debit card at one of our International partner ATMs and avoid the non-Bank of America ATM $5 usage fee for each withdrawal, transfer or balance inquiry as well as the ATM operator access fee.
加えて、為替換算手数料として3%分がチャージされる。
Bank of America will assess an international transaction fee of 3% of the converted US dollar amount. Foreign ATM operators may offer to do your currency conversion for you, but they may charge a higher fee for conversion. To insure that your currency conversion does not incur a fee higher than 3%, you may refuse the ATM operator's offer to convert the amount of the transaction.
このアカウントは利率が2.72% (2024年6月18日現在) で運用されているので、常時お金を置いておくには向いていなかったのですが、2024年6月15日からHigh YieldのSPAXX – Fidelity Government Money Market Fund (4.95% 2024年6月18日現在) に設定することができるとDoctor of Creditの記事で知りました。
Aug 25, 2023 1:15PM – Spoke with David over the phone for 15 minutes. David confirmed I am qualified and the cash back should be processed within 7 business days, even though the top right icon is not showing as gray clockwise arrow.
