gr8salazam1
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IRA, not ITA
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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...
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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.
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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...
Activity Feed for gr8salazam1
- Posted Re: How can I mitigate the State taxes due because of a back door Roth conversion? on Retirement tax questions. April 14, 2023 2:58 PM
- Posted Re: How can I mitigate the State taxes due because of a back door Roth conversion? on Retirement tax questions. April 14, 2023 2:53 PM
- Posted Re: How can I mitigate the State taxes due because of a back door Roth conversion? on Retirement tax questions. April 14, 2023 3:38 AM
- Posted Re: How can I mitigate the State taxes due because of a back door Roth conversion? on Retirement tax questions. April 14, 2023 3:24 AM
- Posted How can I mitigate the State taxes due because of a back door Roth conversion? on Retirement tax questions. April 13, 2023 5:54 PM