both contributions and earnings are taxable

来源: commonsense888 2012-03-20 13:30:07 [] [旧帖] [给我悄悄话] 本文已被阅读: 次 (236 bytes)

for traditional ira with pre-tax money, both contributions and earnings are taxable when converted or withdrawn. If contributions were from after tax money, convertion has to be prorated over both contributions and earnings.

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