I'm still at a bit of a loss on this. So from what I understand I need to figure out what the original contributions to my former employer retirement plans were, both on my end and their end (if any) from many years ago in Maryland. If the contributions were pre tax then my basis will be zero? But if they were roth (already paid tax in MD) on them it would still be zero right? PA won't tax employer contributions either right so any of those contributions would not count towards the taxable amount either correct? I mentioned earlier that a large portion of what I rolled over into this IRA I took a distribution from was from gains, so not money I put in to the original accounts but this does not matter? What about the "Cost Recovery Method" Do i need to take that into consideration? This is starting to be a little more complicated than I bargained for 😛
