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Retirement tax questions
So, if I deposited money into an IRA account, I wouldn't need to amend my 2019 taxes?
And I'm not sure if I would be taxed for a Roth IRA (need to amend 2010 taxes), but not a Traditional IRA based on the information below.
"You would roll your 401(k) money to a traditional IRA, and then convert to a Roth. Keep in mind that when moving regular 401(k) or IRA money to a Roth, generally income taxes are due at that point."
March 3, 2020
7:05 PM