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limits to Rollover from a traditional IRA
I clawed back my MRD for 2020 (except for paid taxes) from my traditional IRA and later attempted a Roth rollover of 5 figure sum. The turbo tax interview brings penalty warning exceeding $7,000. Is there a work around and response I'm not seeing. It should be unlimited rollover from my IRA to the Roth IRA. How do I proceed?
‎February 25, 2021
4:30 PM