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44centsAKAchoccake

06/29/12 12:12 PM

#10953 RE: wayne49 #10952

I got a letter from the IRS about this a few months ago. I sent them back my 1099s and etc for my Vanguard account, which didn't seem to indicate that I owed any taxes. I'll hear back from the IRS in a month or two. Its possible I might owe $10,000, but I'm hoping not.
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marayatano

06/29/12 12:14 PM

#10954 RE: wayne49 #10952

It is based on the entire value put into the ROTH, not just gains. eom