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Financial Planning / Tax Strategies


Subject:  Regular IRA xfer to Roth IRA Date:  8/13/1997  9:32 PM
Author:  wrndln Number:  178 of 127753

Is it possible to transfer the non-deductible portion of
a regular IRA to the new Roth (IRA Plus) type IRA? The
thought is that the non-deductible portion would have no
tax to be paid when transferring to the Roth IRA. Also,
what should be done concerning the 8086 non-deductible IRA tax form? This would greatly reduce the paper work necessary in keeping track of the taxable and non-taxable parts of non-deductible IRAs if all non-deductible money
was transferred to the new Roth IRA.

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