RobertB4444
Expert Alumni

Retirement tax questions

What form was this reported to you on?  If you just rolled it into a Roth from a traditional IRA then there is no avoiding the taxes - you'll have to pay the money.  You can't un-ring the bell unless the people who manage your retirement accounts are willing to put everything back where it was and pretend it didn't happen (they won't).

 

Your best bet is to pay the taxes and leave the money in the Roth and call it a day.  

 

@LisaA1 

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