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Retirement tax questions
You can' just ignore the 1099-R with Code R:
You have to
treat the contribution as having been made to the second IRA on the date that it was actually made to the first IRA.
You may have W-2 income but also your Modified AGI for Roth purpose may be large enough to prohibit a Roth contribution.
March 12, 2024
8:16 PM