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pat3715
New Member

Any nondeductible contributions to my IRA? How do I answer this question? We rolled the 401K into an IRA

 
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1 Reply
AmyC
Expert Alumni

Any nondeductible contributions to my IRA? How do I answer this question? We rolled the 401K into an IRA

Did you ever make any contributions with after tax dollars or was all of it pre-tax? If all of it was pre-tax- then you have no basis. If you rolled into a traditional IRA, still not taxable. Roll to ROTH is taxable.

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