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Retirement tax questions
Yes, you convert the growth into the Roth IRA. There is no limit on the amount you can convert. Please do not enter a conversion as a Roth IRA contribution, you enter the conversion in the retirement section when you enter your Form 1099-R.
Please see How do I enter a backdoor Roth IRA conversion? for detailed steps.
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March 17, 2025
1:51 AM