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Personal Finances / A Fool's view of IRA&401K taxes


Subject:  roth conversion Date:  12/11/2010  7:43 AM
Author:  pottsch Number:  187 of 201

I have 30k in a traditional ira. It was a tsp account then converted to a traditional ira when I left a job 10 yrs ago. If I convert to a roth, do i pay tax on the whole amount, or only what was contributed in pre tax dollars. I'm confused as to whether or not I pay tax on any gains the account has made.
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