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Retirement tax questions
Thanks VERY much @dmertz for confirming pro-rata and correcting my math!!!
As a double-check, regardless of whether the initial $30,000 rollover balance or the subsequent $5,500 non-deductible contribution were in cash positions, invested and earned or lost value, all contributions are considered co-mingled...so, no need to calculate different positions, as the pro-rata formula prevails?
‎April 19, 2020
2:36 PM