About gr8salazam1

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Re: How can I mitigate the State taxes due because of a back door Ro...

IRA, not ITA

gr8salazam1

Updated Apr 14, 2023
Re: How can I mitigate the State taxes due because of a back door Ro...

This was not a contribution, it was a conversion using qualified money. An ITA to Roth IRA conversion. I don’t know how you get around paying the taxes due. I a...

gr8salazam1

1

Updated Apr 14, 2023
Re: How can I mitigate the State taxes due because of a back door Ro...

Hope this reply reaches you. My backdoor Roth was created in Va on 6/22/2022. Just recently I contributed 7k to that same Roth.

gr8salazam1

Updated Apr 14, 2023
Re: How can I mitigate the State taxes due because of a back door Ro...

My backdoor Roth was created while living in Virginia on 6/22/22. What about a re-characterization back to my self-directed IRA? I’ve lost a lot of money on the...

gr8salazam1

Updated Apr 14, 2023

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Date Registered	‎April 13, 2023 5:54 PM
Date Last Visited	‎April 14, 2023 6:19 PM
Total Messages Posted	5

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