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Is it possible to characterize a Traditional IRA for which no tax deduction was received?
I contributed to a traditional IRA about 10 years ago but didn't file taxes that year and thus received no tax deduction so the money in that IRA is already taxed. Is it possible to characterize it as ROTH without having to pay tax twice on the same amount? If so, what would be the process?
‎July 11, 2019
3:19 PM