JP Reck
Level 1
03-15-2022
03:44 PM
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Client put in after tax contributions to a 401(k) of $30k. Now trying to roll that into a ROTH IRA as a distribution from the 401k. For a normal IRA transfer I would put in basis info and they system handles it. Can't figure out how to reflect correctly so he gets credit for the basis in the after-tax 401(k) contribution. Don't want to get a matching notice from the IRS if I just remove the taxable amount from the input.
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