khorshed
Level 4
03-30-2021
07:50 PM
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A client in his late 70's converted $40K from Traditional IRA to Roth IRA. Ameriprise issued him a 1099R with code 7 in Box 7, they sent him a letter telling to report the conversion on Form 8606.
My questions are:
Is code 7 correct in conversion from IRA to Roth?
How to get Form 8606 populated?
Best Answer Click here
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