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I have an IRA that has $ from a 401K rollover, non-deductible contribs & gains. How is this treated if I withdraw $ since part of the $ have been taxed and part have not.
I have an IRA that includes money from a 401K rollover ($25K), non-deductible contributions ($65K) and gains ($100K) for a total of $190K. Also, I moved the account between brokers so the current broker does not have the full history. If I were to withdraw $20K, how will this be reported since $65K has already been taxed?
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May 31, 2019
6:15 PM