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Retirement tax questions
Because of the required pro-rata calculation, to convert your entire pre-tax balance in traditional IRAs to Roth you'll have to convert ALL of your traditional IRA funds to Roth. The taxable amount of a conversion of all of your traditional IRA funds will be your entire balance in traditional IRAs minus your basis in nondeductible traditional IRA contributions.
‎January 22, 2020
3:41 PM