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Subject:  Re: Deductible and nondeductible IRA Date:  11/5/2000  7:44 PM
Author:  RooCat Number:  41500 of 132710

Can they be mixed in one account at one broker? On Form 8606 there doesn't seem to be a difference for the two kind of IRAs. I have been keeping them separate, maybe there is no need for that.

Although they can be mixed in one account, I think you will find that the majority of the tax pros on this board do not advise you to do so. It does make life a little simpler if you keep them separate. If you chose to mix them, be sure you keep a clear paper trail documenting what you have done. I don't know for sure but Roy might have something written about it under IRAs in the Tax Strategies FAQ. You might want to read this before you make a non-reversible choice.
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