- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Just to make sure, if your Trad IRA is empty, then after the action you described, basis is still zero when you convert the entire current value including any earning.
That's why you can do it again the next year.
March 15, 2024
12:34 PM
4,628 Views