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Roth Conversion and paying taxes out of the rollover
In 2024 I converted $65,000 to a Roth IRA but paid taxes out of the rollover totaling $14,300. Would the amount I rolled over be considered $65,000 or $50,700 on my taxes? This is for the Turbo Tax question "amount converted to a Roth IRA account"?
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March 27, 2025
2:17 PM