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[[ 4. How do you know an IRA is pre-tax or after-tax?]]

If you have made any non-deductible IRA contributions, you should have filed IRS Form 8606
with that (and future) tax returns to track your basis in the IRA. If you haven't made any
non-deductible contributions, it is unlikely that you have any "basis" in your IRA.

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When I read the above it scared me at first as I didn't remember filing this form, so I checked my records. I found I did fill out 8606 for tax year 1997, the first year I made a non-deductable contribution. WHEW!!

NOW I understand what the basis is. Also understand how a traditional IRA can contain both pre-tax money (e.g. from a 401K) and after-tax money (non-deductable contributions).

Thanks!!
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