ldmcghee
New Member

Retirement tax questions

That is a good call out - I wasn't aware - can you elaborate?  I opened a new IRA to segregate post tax contributions.  I contributed post tax dollars, and then converted to Roth.  Independent of that, I had significant assets in a pre-tax IRA that had accumulated from rolling in prior employers 401Ks into that IRA.  Would the roth conversion trigger a tax bill based on the value of the pre-tax IRA?  I use turbotax and haven't seen any forms/documents to account for that.