Clarification please. After converting from a 401(k) to a traditional IRA, you write:The next step involves taxes. If you then want to convert the new traditional IRA to a Roth, and your trustee accepts the Roth, you can direct the trustee to make that conversion. Tax will be due on the non-taxed amount of the conversion....Do I interpret this correctly: In this process, you're saying that I was able to roll over both taxed and non-taxed funds from the 401(k) to a traditional IRA? I thought that I had to exclude the already taxed funds from the rollover.
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