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Retirement tax questions
Hi, thank you for the response.
Would it easier if I just roll the whole $3k (only $900 pretax) from IRA#1 into Roth IRA instead of a partial to company 401K and the rest (posttax) in to Roth?
Does this rollover effect the $7k limit for 2024 if I plan to do backdoor in 2024? I have not done this before, assuming that TurboTax will handle both rollover and backdoor in the same year?
March 31, 2024
9:30 PM