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Sim Chuck,

I am having difficulty following the chronology of events but one thing for certain is that Calif. law does not always follow federal law on conversions from a traditional IRA to a ROTH for "PART YEAR RESIDENTS".

In fact there might be a chance that a significant part of the gain may NOT be taxable in Calif. depending on your residency state at the time of conversion from the 401 K to the traditional IRA.

I suggest you obtain Calif. Franchise Tax Publ. 1005A
which deals addresses this subject.


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