- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Converted $99,000 IRA to Roth 2018. Withheld $21,250 taxes. Form 8606, line16, which amount goes here? $99,000 gross or net that became Roth of $77,750?
I assume Line 16 and 18 are the same. The gross amount I took out of the IRA $99,000 (converted) to a Roth. Or is IRS asking HOW MUCH went into a ROTH?
I plan to convert more in 2019 so need to understand this. Thanks.
Topics:
‎June 6, 2019
1:01 AM