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401k to Roth IRA conversion
Hello!
I asked this question before, but I'm still a bit confused. In 2017, I converted an employer-sponsored 401k to a Roth IRA. I think it was a trustee-to-trustee transfer; when the money was transferred to the company with whom I already had a Roth, they put it in a "rollover IRA brokerage account," then from there I moved it into my Roth IRA. So, do I count that converted amount as an amount that was converted from a traditional IRA? When tracking my cost basis for my Roth on TurboTax, it has me fill in previous contributions, and previous conversions "from a traditional IRA." It doesn't give me any option to fill in previous conversions from a 401k. So, does my 401k conversion count as a "traditional IRA conversion"?
Thank you!
March 18, 2021
6:21 AM