2012053
You'll need to sign in or create an account to connect with an expert.
If you converted 180k to a ROTH IRA it is taxable. Going from a Traditional IRA to ROTH IRA is a taxable event. What did you do with the rest of it?
With a Roth IRA you pay the tax and then when you withdraw, there is no tax due. The benefit is you can grow your money tax free.
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.
tcondon21
Returning Member
kgsundar
Level 2
kgsundar
Level 2
matt_terry
Level 2
hnk2
Level 1