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    talhasaleem1990's Avatar
    talhasaleem1990 Posts: 41, Reputation: 1
    Junior Member
     
    #1

    Apr 24, 2022, 05:42 PM
    Tax forms for moving IRA with pre-tax and post-tax contribution
    I have an IRA account that has pre-tax as well as post-tax contributions. I was thinking of moving my pre-tax balance into my current 401k and the post-tax into the Roth IRA. Does the IRS allow such a thing?

    I only see an year-end Form 8606, which doesn't look at each transaction but just net annual movements so thought this would be possible.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,834, Reputation: 846
    Senior Tax Expert
     
    #2

    Apr 24, 2022, 05:47 PM
    I think it is possible, but I am curious how the IRA has BOTH pre-tax and post-tax contributions.

    You might be confusing pre-tax / post-tax with deductible and non-deductible contributions.

    In any event, you should get professional tax help to help you do it.

    ATE

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