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Retirement tax questions
@Gary_Reno if you wish to convert tax free to Roth, your entire value of all your IRAs must be no more than your basis which is the non-deductible part,
Otherwise it cannot be 100% tax free because a Traditional IRA distribution or conversion always has a basis fractional part and a taxable fractional part as calculated on Form 8606.
‎December 12, 2022
1:40 PM
800 Views