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Retirement tax questions
Thank you for your response to my question. I think I simply need to ask if my annual non-deductable Roth contribution needs to be reported anywhere on any form. From various resources I was lead to believe it needed to be reported on form 8606. And that lead to the problem of how to determine my "total basis in trad IRAs" from line 2 on 8606. A second question I also now have is: I had the understanding that 20 years ago after converting my trad IRA to a Roth IRA, non of my Roth funds would ever be taxable. Is this correct or no. Thanks
‎June 4, 2019
11:26 PM