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progree

(10,890 posts)
7. True.. I also don't have them withhold any taxes, since I do quarterly estimated taxes
Tue Jan 21, 2020, 11:23 PM
Jan 2020

and have until my January 15 estimated tax due date to make up for any shortfalls I incurred in the preceding calendar quarter.

Since you had only one transaction, the Roth conversion, there is not much confusion, I suppose.


Now that I think about it, my Roth conversions are two transactions: a withdrawal from my Traditional IRA, and an addition to my Roth IRA. But I only get one confirmation (saying x shares were transferred from my Traditional IRA to my Roth IRA). And one tax form -- the withdrawal from Traditional IRA part.
Latest Discussions»Culture Forums»Personal Finance and Investing»Are 1099 have to be deliv...»Reply #7