dmertz
Level 15

Get your taxes done using TurboTax

Your question implies that the entire distribution from the traditional account was taxable.  This means that the net amount converted to Roth is the amount that was taxable at conversion.

 

You would only have amounts that were nontaxable at conversion if you converted basis in nondeductible traditional IRA contributions or if you rolled over to a Roth IRA after-tax money from an employer plan.

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