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Ooops. Didn't mean to post that just then.

Example (continued)

IRA 1 Value $ 3,500 Basis $2000
IRA 2 Value $22,000 Basis $0
Total Value $25,500

Conversion IRA 1 $ 3,500
Conversion Ira 2 $ 8,000
Total Conversion $11,500
Remaining value after conversion $14,000

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