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I have a rollover IRA and a recently opened Roth IRA. I have been contributing to my rollover IRA for quite a few years. For three years back in the late 80's, I contributed to my rollover IRA with after tax dollars since I was not eligible for the write off.

I want to take these after tax dollars out of my rollover IRA and put them into my Roth IRA. In this way, there is a clear distinction between my rollover IRA which has all before tax contributions and my Roth IRA which has all after tax contributions.

My broker said I need to take a distribution from my rollover IRA and then deposit this into my Roth IRA. I do not want to pay tax on this money twice. How do I do this and complete my taxes correctly. Dave
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