easy · Certified Financial Planner General Principles
Quince has 90,000 in a traditional IRA consisting of deductible (pre-tax) contributions and10,000 in after-tax contributions. Quince converts $20,000 of the IRA to a Roth IRA.
What is the taxable portion of this conversion?
- $20,000
- $10,000
- $18,000
- $2,000
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