Non-deductible IRA conversion

Does a SEP-IRA and/or a Simple IRA count as a “traditional” IRA for purposes of calculating pro-rata basis for a Roth conversion of a traditional IRA with non-deductible contributions? Does it matter if either plan (SEP or Simple) is “dormant” or active with regard to “current” employer or employee contributions?
Thanks,
Wes Carr



Yes, take a look at IRS Form 8606 in Part I where the calculation is performed (lines 6,7,8):
http://www.irs.gov/pub/irs-pdf/f8606.pdf

It does not matter what status the plan is – active or dormant.

pko



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