dmertz
Level 15

Retirement tax questions

By taking a deduction for the traditional IRA contribution, the money became pre-tax money in your traditional IRAs.  Earnings are also pre-tax, so you have no after-tax money in your traditional IRAs, more properly stated as having no basis in nondeductible traditional IRA contributions.  Any distribution from your traditional IRAs that is not rolled over, or a Roth conversion, is fully taxable.