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After you file
IRS says:
"Although a conversion of a traditional IRA is considered a rollover for Roth IRA purposes, it isn't an exception to the rule that distributions from a traditional IRA are taxable in the year you receive them."
HENCE,
if your 1040 shows" Rollover", then you probably reported your conversion incorrectly, since that keyword implies your action was not taxable.
‎October 24, 2021
10:15 AM
180 Views