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The indicated federal tax owed is insensitive to what fraction of a traditional IRA distribution I returned to a Roth IRA in a conversion. This seems like an error.
under 1099-R entries. When I say "I did something else" with the money. Eg. $380k IRA distribution, $180k of that was immediately converted to Roth. But the Fed Tax did not go down. Why?
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March 1, 2021
2:39 PM