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IRA information Worksheet, Part V conversion contribution amount
IRA information Worksheet, Part V asks about "conversion contributions taxable and not taxable at conversion". I obviously paid taxes on the distribution and contributed the net amount to the Roth. Which of these two categories does the net amount go into? I know that TT is trying to track basis for the 5-yr rule. Just don't get the taxable and not taxable bit. Thanks!
March 23, 2022
8:09 PM