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Retirement tax questions
I had two 1099-R Forms: one 1099-R was for the Roth conversion that we have been discussing, and the other 1099-R was for a company pension that I receive.
For the 1099-R for the Roth conversion, the code in Box 7 is the number 7.
For the Roth conversion, all of the money went directly, without withholding any tax, from my traditional IRA account to my Roth IRA account as an in kind transfer.
March 7, 2021
9:36 AM