matt666666
Returning Member

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."