mgoodman1
Returning Member

Deductions & credits

Thank you for responding. Still not understanding why I am paying tax (again) on a portion of the conversion when the entire conversion was made with post tax dollars. Although I had a balance at 12/31/18, that balance was all post tax so why does it trigger the pro rata rule?

If at 12/31/19 my trad IRA balance is 0, the pro rata will not apply and the entire conversion will be tax free?