medium · Certified Financial Planner Retirement
The Jablonski household has $90,000 of pre-tax IRA funds and $10,000 of after-tax (nondeductible) IRA funds.
If they decide to convert $20,000 to a Roth IRA, what portion of that conversion will be taxable?
- $18,000
- $10,000
- $2,000
- $20,000
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