make post tax ira conversion to roth same year as rollover
Client with pre tax SIMPLE IRA. Rolled it over to qualified plan in 2010. Also has post tax Traditional IRA. Can this be converted to Roth without taking into account the pre tax SIMPLE funds previously moved to qualified plan earlier in year?
Permalink Submitted by Alan Spross on Sun, 2010-04-04 20:36
Yes, it can. This is corroborated by the note following the instructions for line 6 on p 6 of the 8606 Inst.