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Can any amount of lump sum pension distribution be deposited into a Roth without being taxed?
Tax was withheld from the total amount of distribution. Net amount of check was deposited into the Roth. According to Turbo Tax, I can only deposit $6500 per year to a Roth. Prior to April 18, 2017 can I transfer the overage to a traditional IRA and avoid additional taxes and/or penalties?
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‎June 3, 2019
4:43 PM