I converted a traditional IRA to a roth about 20 yrs ago (back when you could spread the tax out over 4 years)
If I withdrawn all the $ from the IRA is the cost basis considered to be the amount that I paid tax on and is also considered to be my contribution amount?
I converted/paid tax on 34k. That is now worth 27k. I assume I can take out the 27k without penalty/tax?
