@Boyan wrote:
@Opus 17 Thank you. I somehow suspected this will involve a "life sentence" for making the error of mixing moneys into an IRA and thank you so much for clarifying it in such a clear and straightforward way.
The only way out is to do a full conversion of your entire IRA amount (all IRA accounts) into a Roth IRA. You will pay the tax on the pre-tax part of the conversion, and then with a zero balance in traditional IRAs, you can re-open a traditional IRA the following year and keep it pre-tax only. Depending on the amount, your current tax rates and so on, you might want to do that. Otherwise you are stuck with the form 8606. There's no way to rollover or convert only the after-tax amount.
