Bank neglected to convert to Roth.

Submitted by Thomas Hand on Tue, 2021-04-27 20:36

I filled out the paperwork / application at local branch to convert existing traditional IRA to Roth IRA.For the following 4 years I paid necessary taxes.But I don’t have a Roth IRA.I have customer carbon copy of the paperwork/application,and I have copies of my tax returns for the 4 years,showing that I paid the required tax.After all these years,is it possible to have this converted.? Obviously I don’t want to have to pay tax again.



Submitted by Alan - IRA critic on Tue, 2021-04-27 21:26

Please post to your original thread where there are responses. But you might confirm there whether this conversion was in 1998, the only year in which conversion taxes could be paid over 4 years.

Submitted by Alan - IRA critic on Tue, 2021-04-27 21:27

Please post to your original thread where there are responses. But you might confirm there whether this conversion was in 1998, the only year in which conversion taxes could be paid over 4 years.

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