In order to do what you just described, I would need to go back in time to find out the total amount of IRA contributions - traditional and roll-over and deductible in the 90s and nondeductible since 2016 and feed all that information into Turbotax and have it calculate how much tax and interest. i may owe. This is going to be difficult because lack of record keeping.
I submitted the 2016 form 8606 this afternoon.
Question:
Should I go ahead and convert the remaining balance in my traditional IRA just to zero out the traditional IRA as suggested as part of the back door roth conversion and to figure out the tax and interests later at time of withdrawing money from my roth account OR all this division has to be done now before the roth conversion?
Thanks
