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Retirement tax questions
Thank you for your response; you understood the question. However, once the money was ROLLED over into the Trad IRA it was IMMEDIATELY converted to the Roth IRA leaving an empty Trad IRA acct and received a 1099-R. I called myself trying to pay the taxes up front on the Roth IRA out of this money.
I want to do another backdoor Roth conversion for 2025. What should I do differently? I have no earned income.
Grateful for your assistance!
‎February 16, 2025
12:20 PM