Hi- I did something dumb. Put the 5500 in tIRA, forgot about it and it "earned" $0.03. Did my Roth conversion of the 5500, now there is 3 cents left over in the tIRA. What do I do? Leave it and when tax time comes it will just be rounded down to 0? Does this matter at all? Any suggestions? Thanks.
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Hi- I did something dumb. Put the 5500 in tIRA, forgot about it and it “earned” $0.03. Did my Roth conversion of the 5500, now there is 3 cents left over in the tIRA. What do I do? Leave it and when tax time comes it will just be rounded down to 0? Does this matter at all? Any suggestions? Thanks.
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It doesn't matter at all. Convert it all or leave it there until next year so you won't have to re-open the account.Working to protect good doctors from bad advisors. Fox & Co CPAs, Fox & Co Wealth Mgmt. 270-247-6087
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