You'll need to sign in or create an account to connect with an expert.
if it's partially taxable that usually indicates you had pre-tax dollars in your IRA(s) not covered by the basis so the Roth conversion is considered taken from both pre-tax and after-tax dollars in a pro rata manner. Was your answer to the market value on 12/31/25 bigger than the total of your basis on Form 8606?
correction - "Was your answer to the market value on 12/31/25 bigger than the total of your basis on Form 8606?" is not quite the right question - but hopefully you get the gist - did you have pre-tax dollars in your IRA?
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
ironphoenix
New Member
darylbuckles
New Member
merv2gene
New Member
Wolverine94
New Member
jpet34
New Member