Question
In 2019, Kevin converted $8000 from his traditional IRA to a Roth IRA. Ther were no non deductible contributions made to the the traditional TRA.
In 2019, Kevin converted $8000 from his traditional IRA to a Roth IRA. Ther were no non deductible contributions made to the the traditional TRA. In 2022, when the value of the Roth IRA had grown to 8,350, Kevin then age 62, withdrew the entire balance in a no qualified distribution. What is the tax treatment of this distribution?
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Wiley Federal Government Auditing Laws Regulations Standards Practices And Sarbanes Oxley
Authors: Cornelius E. Tierney, Edward F. Kearney, Roldan Fernandez, Jeffrey W. Green, Kearney & Company
1st Edition
0471740489, 978-0471740483
