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Get your taxes done using TurboTax
A follow up question to the one you answered: Post retirement, pre SSA, and needing regular IRA distributions - If you pull money out of a traditional IRA to put into a Roth IRA. You report the withdrawal as income, pay taxes, but when reporting the Roth IRA contribution you don't have to say you are putting in more than the allowed amount?
When I answer yes to excess contributions, it looks like we are being taxed twice. Should it?
March 14, 2024
2:31 PM