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Author: GeorgeW68 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76392  
Subject: Re: IRA Withdrawals Date: 8/30/2001 12:07 PM
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Ok, I think I have the tax returns back to the beginning of time too. I thought that when I started withdrawing from the IRAs that were originally tax deductible, I would have to pay tax on them, but not on the ones that were not tax deductible. Wouldn't I have to prove that I paid taxes on the income that I used for the investment in the IRA in order not to be taxed again. Or am I going to be taxed on ALL IRAs no matter when or how I bought them?

I use QUICKEN to keep track of my finances in great detail, so I have been looking at every monthly statement as they have come in. It is not too time consuming and, although I sometimes do not get my entries exactly right, I have good records. I've not seen any errors from the companies in the 20 + years that I have been investing.

Thank you all for comments. If anyone can comment further on my followup questions, I would appreciate it.

George
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