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Re: In 2020k, I received a 1099-R for a normal retirement distribution. I used that (after taxed) money and opened a ROTH IRA account within 60 days. Is this a conversion?
TomD8
Level 15
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Retirement tax questions
Yes, a rollover from a Traditional 401K to a Roth IRA is considered a conversion.
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
February 22, 2021
7:51 AM
