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So do I understand correctly that any profit that my ROTH made before recharacterizing, is not taxable?
My 2017 Roth investment was $6500. In Jan 2018 I recharacterized it (the original $6500 plus about $3000 profit) to a non deductible traditional IRA. Then in Feb. 2018 I did a conversion from traditional back to Roth. I can't figure out what is taxable and what my basis is.
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‎June 1, 2019
8:30 AM