Accrued interest of a CD in a Roth Conversion
If you convert a CD in a Roth conversion, are you required to include the accrued interest in the converted amount? Will the custodian calculate accrued interest automatically when issuing the 1099?
If you convert a CD in a Roth conversion, are you required to include the accrued interest in the converted amount? Will the custodian calculate accrued interest automatically when issuing the 1099?
Submitted by John Michael Hall on Mon, 2023-05-01 16:22