FangxiaL
Expert Alumni

Self employed

If you contributed to your SEP IRA, it is all pre-tax dollars. There is no option for post-tax or Roth contributions. If you moved your money from SEP IRA account to a Roth IRA account, you essentially converted the pre-tax contributions to Roth IRA, making the distribution taxable. SEP IRA is for taxpayers with self-employment earnings. 

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