If $129K left the tIRA and $129K went into the Roth IRA, then line 16 should indeed be $129K. In that case, the $12K that went to withholding would not appear on the 8606.We converted a total of 129k for this year, but withheld about 12k in taxes, which was put into the Roth via the indirect rollover from taxable. Looking for some direction since this was the first time we did the indirect route for taxes replenishment. so guessing line 16 will be 129k?
Statistics: Posted by FiveK — Sun Dec 29, 2024 2:55 pm — Replies 10 — Views 541