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Personal Finance and Investing

StatGirl

(519 posts)

7. That makes sense

Reply to progree (Reply #5)

Mon Feb 4, 2019, 03:40 PM

Feb 2019

You and I were posting at the same time.

In retrospect, it would have been better to have two IRAs, one for pre-tax contributions and one for post-tax contributions -- not that this helps you now! But I wonder if it's possible to now separate the money out into two accounts. You already have to do the bookkeeping to figure out which is which.

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I just now started my return on TurboTax [View all] question everything Feb 2019 OP

What is the cost to use Turbo and is it online or do you install it? CurtEastPoint Feb 2019 #1

Online. Price depends on the program how simple or complicated your return is question everything Feb 2019 #2

I get it for free online via my credit union. forgotmylogin Feb 2019 #10

"Taxable Amount not determined" progree Feb 2019 #3

Form 8606. Oh yes question everything Feb 2019 #6

I had a 401K with both before tax and after tax parts progree Feb 2019 #9

"Taxable Amount Not Determined" StatGirl Feb 2019 #4

Contributions to a traditional IRA that were made with after-tax dollars are also not taxable progree Feb 2019 #5

That makes sense StatGirl Feb 2019 #7

I think it has to be prorated over all traditional IRAs progree Feb 2019 #8