Hmmm… On 8606 Form I have $52,000 in lines 16 and 18 as a taxable amount. Which is probably not correct as my 1099 R is showing it as $60,000.
I guess my stupid question of the day is: What should be taxable amount? Is it $60,000 – the regular IRA amount before conversion? Or is it $52,000 – that ended up in my Roth IRA after conversion and taxes?
