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Get your taxes done using TurboTax
To clarify, are you entering a conversion to Roth IRA?
If you had pre-tax funds moved from your employer in your traditional IRA and had after-tax funds in the the traditional IRA then the pro-rata rule applies. This means that with each distribution/ conversion you will have a taxable and nontaxable part.
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‎April 7, 2024
5:39 AM