- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
I have 2 1099-R's for the same money. Moved 401k from prior employer to Traditional IRA and then moved that same money from Traditional IRA to Roth IRA. When I answer all the questions correctly the summary "doubles" the money as income. It is the same money, 2 transactions.
One is not taxable, the move from traditional ira to Roth IRA is taxable (which I was made aware of).
‎February 7, 2020
8:35 AM