Based on some threads I've read on this site, I'm trying to run some scenarios (using 2010 Turbo Tax) to see whether to convert Traditional IRA monies to a Roth IRA, and, if so, how much, and what the tax implications will be, etc.
I have never withdrawn from my IRAs, so I'm not sure what code the 1099R will show. I'm over 59-1/2, so will it indicate a "Normal Distribution" or what?
omni
I have never withdrawn from my IRAs, so I'm not sure what code the 1099R will show. I'm over 59-1/2, so will it indicate a "Normal Distribution" or what?
omni