ColeenD3
Expert Alumni

Retirement tax questions

Yes. If you have a Non-deductible IRA in addition to your regular IRA, you should have been keeping track of those amounts on Form 8606. You can convert both a Traditional and an non-deductible IRA, but if you convert both, you will have to do some calculating to know what the ratio is regarding the taxable and nontaxable portion of the IRA. .

 

Please see this link for more information.Conversion