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Possible error reporting money added to Roth IRA account.
A total of $4000.00 was added to (2) different Roth IRA accounts. However, the money came from a savings account (already taxed). Is this the reason I owe money to both federal & state (never owed money to state before) due to the additional funds going into the Roth accounts? Please let me know.
March 18, 2021
7:15 AM