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Retirement tax questions
Am I correct that this is a conversion into a Roth IRA? If so, it will be a taxable transaction.
But the taxable amount is only the amount of the taxable amount (1099-R Box 2a) less any nondeductible contributions (from an IRA).
Please check the entry of the 1099-R box 2a amounts.
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‎February 16, 2020
4:12 PM