I tried reading through all the information that others have posted, but I still do not understand this section.I am in my second year of IRA contributions and ...
@fanfareThe entire converted amount is less than the original contribution due to the investment losses, which is why the basis is not 0. I believe it has been ...
Thank you @DaveF1006. Will there be any issues if I report a $6000 conversion and it doesn’t match the $5979 listed on the 1099-R that is reported to the IRS?
