Home Page link  

BASIS Roth IRA conversion

 

Taxes General Forum - Tax professionals meeting place and answers to queries. (Moderated)

 Post an article  get this group's latest topics as an RSS feed add this group's latest topics to your My MSN content add this group's latest topics to your My Yahoo content  add this group's latest topics to your Google content  YahooMyWeb Yahoo!  Google Google  Windows Live Favorites Windows Live  del.icio.us del.icio.us  digg digg  Add to Netscape Netscape
Subject Author Date
BASIS Roth IRA conversion lurker 01-21-2007
Posted by lurker on January 21, 2007, 4:18 pm
Please log in for more thread options
Form 8606 Line 24
Is the amount requested Before or after the conversion?

"...total of all your conversions to ROTH IRAs"

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

Posted by Phil Marti on January 22, 2007, 3:40 am
Please log in for more thread options

> Form 8606 Line 24
> Is the amount requested Before or after the conversion?
>
> "...total of all your conversions to ROTH IRAs"

It's the amount converted.

--
Phil Marti
Clarksburg, MD

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

Similar ThreadsPosted
roth IRA conversion yes or no? December 20, 2006, 1:26 am
Roth IRA conversion January 3, 2008, 5:12 pm
Roth conversion questions November 17, 2006, 11:30 pm
Another Roth conversion question November 19, 2006, 10:14 pm
strategy for Roth conversion January 16, 2007, 7:40 pm
Tradition to Roth IRA conversion April 12, 2007, 12:44 am
2010 & Roth IRA conversion? June 29, 2008, 10:12 am
Trad IRA to Roth IRA conversion - state tax deduction October 21, 2006, 6:52 pm
Roth query: Over 70, Conversion OK? Cap gains losses offset OK? June 19, 2008, 6:40 pm
Roth IRA? Please explain the taxes in reference to Roth IRA vs. Traditional April 3, 2008, 4:03 pm

Contact Us | Privacy Policy
This site is not affiliated with Intuit - makers of Quickbooks and Quicken software
This site is not affiliated with Sage Software - makers of Peachtree accounting software
XML SitemapXML Sitemap