Decided to use the holiday weekend to get a jump start on my taxes. Turns out my "crypto bro" spouse realized 6 figures in capital gains on a coin. Guess I have to claw back my Roth IRA contribution from 2025 because that puts us over the income limit.
I don't think I can do the backdoor Roth because I have existing Trad IRA contributions from before I got married. My 401k only accepts rollover funds and not direct contributions to an IRA, so I think the pro rata rule is going to bite me if I try. Not sure if it's worth the tax hit to convert my existing funds to Roth or not to open up the backdoor as an option.