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Retirement tax questions
Token 1194569
The federal return does not increase my tax due to the ROTH conversion is covered by the basis in my trad IRA.
However, this year, the state tax increases due to the roth conversion. Note: Alabama does have a new form this year - RS form. Does the state not look at the 8606 forms to know that i have a basis?
Thanks
Doug
‎February 25, 2024
12:25 PM