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Get your taxes done using TurboTax
Hi,
So, I was working for a company in 2018 and had 401k (not sure if it was traditional or Roth but I guess it was traditional). I did not follow up with that account until 2024. Fidelity automatically closed my account and put the money in a Rollover IRA account. So, in 2024, I opened a new ROTH IRA and transferred money from Rollover to a Roth IRA.
So, do I need to pay tax for the entire RolloverIRA amount? How can I know my original account was traditional, Roth, or a mix of both?
[[If you never were a resident of NY you will be taxed in your home state. You would not include it on the NY tax return.]] Do you mean that I do not need to file a NY state tax form?
Thank you!
March 2, 2025
5:01 AM