tccpg289
Level 4
04-12-2022
02:52 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
It is indeed the proper year - the 5498 that lists the traditional IRA contribution is for the same year of the 1098-R with the conversion.
In other words, the creation of basis prevents all of the 1098-R distribution from being taxable? If so, that clarifies.