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Author: TMFTaxes Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 118626  
Subject: Re: Roth conversion Date: 1/23/2000 5:10 PM
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<<If you have a prior non-deductible IRA and convert it to an Roth IRA the form comes to you as all income on your tax form. What form do I use to so I don't pay taxes twice on the non-deductible portion?>>

Use IRS Form 8606 and follow the instructions carefully. If you do, you'll find that your prior traditional IRA contributions will not be taxable when you make your conversion.

I have an article about Form 8606 and how it works in the Taxes FAQ area. You might want to check it out.

TMF Taxes
Roy
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