I am paying tax again on post tax money.
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Whatever amount of your basis can't be applied to your traditional IRA distributions remains with your traditional IRAs to be applied to future distributions. You basis in nondeductible traditional IRA contributions can never be fully used until you have a zero total year-end balance in traditional IRAs.
Whatever amount of your basis can't be applied to your traditional IRA distributions remains with your traditional IRAs to be applied to future distributions. You basis in nondeductible traditional IRA contributions can never be fully used until you have a zero total year-end balance in traditional IRAs.
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