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Subject:  Re: Trad IRA to Roth Conversion Date:  6/14/2008  1:56 PM
Author:  aj485 Number:  101051 of 127549

Let's suppose that the IRA is 25% after tax contributions and 75% is before tax contributions and gains. I can't specify to convert just the 25% that has already been taxed so any amount converted is comprised of a 25% non-taxable and a 75% part which is taxed. Is that about right?

Yes, plus, it's not just that IRA account. The calculation on the percentage of after tax vs. before tax includes all traditional IRA accounts owned by an individual. Again, see IRS Pub 590 for details.

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