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Retirement tax questions
The amount you rolled over is the amount that actually ended up in the ROTH IRA. If you didn't replace the 14,300 withholding with your own money into the ROTH then the amount you rolled over would be 50,700.
Either way the whole $65,000 will be taxable on line 4b. Unless you had any non deductible contributions in the IRA.
March 27, 2025
2:22 PM