DanaB27
Expert Alumni

Retirement tax questions

It depends, it that basis still in the Traditional IRA or did you convert it to Roth? If it is still in the Traditional IRA then you will enter the basis from your last filed Form 8606 line 14. If not then you will answer "No" to step 8.

 

Yes, generally it is best to move the earnings in the Roth IRA.

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