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Reply to "Got a tax bill from the IRS - backdoor roth"
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[quote=Anonymous]For tax year 2014 - I did backdoor roth contributions for DW and myself. The IRS flagged the sale of the nondeductible IRA as distributions and have added $11k to our income for that year and issued me a bill for a bit over $3k. Just trying to get an idea of how much of a pain in the ass it will be for us to avoid having to pay tax on what certainly wasn't $11k in income. Anyone dealt with this before?[/quote]
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