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Returning Member

Retirement tax questions

thank you @dmertz! that account with 2700 is still standing in a traditional IRA. We did not roll it over yet. So when do we pay the pro rata tax? and is it on the total amount of his and my retirement funds (IRAs). can I deduct it from my federal refund on turbotax?

 

Our backdoor roths were 2019 with contributions in 2020 during the allowable period.

 

Thank you so much for the help!