Retirement tax questions

if the custodian took $6,000 for tax, you only converted $44,000. you can see this by looking at your Roth statement.

In turbotax speak, you "did something else" with the $6,000.

BUT you will pay tax on a $50,000 distribution.

 

For this reason, it is often recommended that you pay the tax in some other way so the $6,000 can go into your Roth IRA.  That's your choice.

 

@rspgarland