schanchk
New Member

Retirement tax questions

At the time I did the conversion all the $ in the traditional IRA were post-tax.  Since the conversion, I have rolled over pre-tax 401k $ into the traditional IRA.  It seems like I shouldn't have to pay on the conversion since it was all post-tax $, but Turbotax is taxing showing a tax on ~$4700 of the $5500 converted.  It seems to be based on the year end value of the traditional IRA which was all put in after the conversion.