My husband is under 70 years old so we are taking money from his traditional IRA and putting it into a Roth IRA and then we are paying taxes on the amount we transfer. Turbo Tax is asking what the value of my husband's Roth IRA is as of Dec. 2019. He also has an Roth IRA with Fidelity but we are not putting any money into that one.
Question: Do I need to combine the two Roth IRA's to get the total value as of Dec. 2019? I'm thinking not since we aren't contributing to the Roth IRA in Fidelity.
Thank you.
Lorraine
