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Hi all,

Recently I came across two articles covering the potential pitfall of the "step transaction doctrine" in conjunction with Backdoor Roth IRAs:



This seems to be old news, but I was completely unfamiliar with this, so I am a bit concerned.

Looking at my IRA to Roth conversions in the past, there have been as little as 3 days between the IRA contributions and the conversion in one year (most times between 1 to 3 weeks) and in some years they even took place in the same month (so no account statement in between the two steps). However since 2012 at least part of the money I converted was pre-tax money due to a rollover from my company's pension plan, which got terminated.

Since the risk assessment in the two articles above seems to be a bit different, I am wondering, what to do at this point about my past conversions. I could undo the 2015 and 2016 conversion with a recharacterization, but it seems to be too late to do anything about the 2010 - 2014 conversions.

And then it's not clear to me, whether the best course of action is to just wait this out. Although the fact that there appears to be no statue of limitations here, does make me nervous, I wouldn't want a tax issue to come up in 20 or 30 years from now (with potentially huge consequences at that time).
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