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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.
March 1, 2020
4:43 AM