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Hi Fools,
I have a traditional IRA that I have contributed to over the years. Initially was able to take the deductions but that stopped once the income went over the threshold.
I continued to make non-deductible contributions but never did a Roth Conversion.
Now I have 1/3 of my balance in the IRA from non-deductible contributions (after tax dollars).

Q1. Can I convert only the non-deductible portion in my IRA to Roth? From what I read, it is not possible. I believe IRS considers the balance converted to be pro-rata mix of after tax contribution and pre-tax gains and the whole amount is reported as income.

Q2. I have balances in 2 company 401k plans (1 current and 1 past) but only 1 traditional IRA. In calculating the pro-rata after tax balance contribution does the IRS include the 401k balances as well?

Thanks,
John
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