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Roth Conversion
We are both retired. In 2020 we moved money from a simple IRA to a Roth IRA. This amount was included in the 1099-R and taxes were deducted at the time of the move. I have finished Turbo Tax for 2020 and do not understand why a form 8606 was produced to show we must pay taxes on it when we already did. Help please.
‎April 22, 2021
12:06 PM