macuser_22 wrote: "Additionally - There is NO Traditional IRA that contains the post-tax contributions. "
I “rolled over” funds from a tax-advantaged company retirement plan to what I thought is properly called a Traditional IRA. These funds were a mixture of before- and after-tax contributions.
macuser_22 wrote: “You can NEVER withdraw ONLY the nondeductible part…”
My questions about this are 1) do IRS rules allow withdrawal of only deductible part of an IRA if the funds don’t go to a QCD, and 2) if not, does TurboTax correctly prorate the components of the aggregate withdrawal and update the basis remaining. I think the answer to 1) is No, and to 2) is Yes.
