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Author: DWYoas Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121333  
Subject: 98 deductable IRA contribution converted to ROTH Date: 12/8/1998 1:34 PM
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In the begining of the Year I contributed $2,000 to a standard IRA as a deductable contrbution. When I finished running the numbers I determined it was worth converted my IRA account to a Roth IRA. I converted my IRA to a Roth account then wondered how the deductable contribution should be treated.

Do I take a deduction of $2,000 to the standard IRA and include it as part of the distribution over the 4 year period?
OR
Do I distibute the convertion amount minus the $2,000 over the 4 year period and consider the $2,000 a non-deductable contribution for 1998 to the Roth IRA?
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