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Retirement tax questions
Thank you for the response which seems to indicate you saw my original posting which i still cannot read (need some corporate login).
In regards to "pre-tax funds in your traditional IRA". For the three recharacterizations, I created a two new Traditional IRA accounts but for the third I reused an existing Rollover IRA account. After the conversions to Roth the two new IRA accounts were empty $0 but the Rollover IRA account had its existing funds.
Thank you for the link: "The pro-rata rule dictates that when an IRA contains both nondeductible and deductible funds, each dollar withdrawn (or converted) from the IRA will contain a percentage of tax-free and taxable funds." I forgot about this. So now I have a single Schwab account with before-tax and after-tax mixed in it. Any ideas how I can fix this? I guess it is fine if I ignore that. I had stopped depositing to it few years ago as was only using Roth IRA account there instead.
As for my 2022 tax return still being worked on, the preview showed #4a IRA distributions $11,859 and #4b taxable amount $3787 and Schedule 1 #20 IRA deduction is blank. Where can I see where the $3787 and its $8072 difference calculated? In particular two of the conversions came from IRA accounts with only after-tax dollars. How did any of this get reflected into my Turbotax entered data? Is there a way in Turbotax preview to see more forms?
I will read carefully your linked docs and steps again to compare with what I have done. Thanks again.