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I have another question about back-door roth. We both have
I have another question about back-door roth. We both have traditional IRA account from past 25 years - most of it were non-deductible contributions except for maybe 2 or 3 years that were partial ded… read more
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I am thinking of taking an IRA distribution I have 3 IRA
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Just asked a question about how to calculate the taxable portion of a traditional IRA distribution, and was called away. Do you have my question? … read more
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In 2014 I had contributed 5500 to a ROTH. My income was to
In 2014 I had contributed 5500 to a ROTH. My income was to high so I had to convert 2400 over to a traditional IRA. In 2015 I had a similar year and had to convert 2300 to Traditional from the ROTH. I… read more
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I received an after tax partial distribution from my 401k
I received an after tax partial distribution from my 401k that was initially rolled over from Fidelity to Ameriprise, where it was distributed from. I received a form 1099-R from Ameriprise. Line 1. h… read more
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RMD question. I have a traditional IRA I tracked my non
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I have several different types of IRA's at a financial institution I
I have several different types of IRA's at a financial institution I would like to see if I can combine some of them to reduce the amount on IRA's I have I would also like to know the tax consequences… read more
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I have an IRA opened in 1996 with $2000 after tax money. In
I have an IRA opened in 1996 with $2000 after tax money. In 1997 and 1998 I added $2000 each year. The total contributed in after tax money is $6000. Since then the amount doubled and this year I took… read more
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I have clients (MFJ) who both performed Traditional IRA to
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What is the correct calculation to determine the Total Basis
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Bill
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My wife rolled over $14 from employer savings plan to an ira
My wife rolled over $14 from employer savings plan to an ira in 07 when she was let go by that employer. Understanding there's a maximum amount one can claim tax per tax year so tried to claim excess … read more
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I made after-tax contributions of $2000 each to my IRA over
I made "after-tax" contributions of $2000 each to my IRA over a 5 year span in the 1990's. Can I with draw those 5 payments ($10,000) from my IRA without tax or penalty consequence?… read more
Lev
Lev
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Bachelor's Degree Equivalent
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I am a 54 year old single person. In March 2008 I ...
I am a 54 year old single person. In March 2008 I contributed $4,000 to my Rollover IRA for 2007 and $5,000 for 2008. I understand the limit to 2007 contributions for age 50+ is $5,000. I do not have … read more
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Bill
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