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Interest left in traditional IRA after Roth rollover

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  • erockin
    replied
    Thank you!

    Leave a comment:


  • Peds
    replied
    nothing to do now.

    roll it over as well this year.

    you will pay tax on $0.25.

    since this is rounded to the nearest dollar, it will be $0.

    make sure to pick 100% and not a dollar amount when converting.

     

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  • Interest left in traditional IRA after Roth rollover

    Vanguard deposited interest into my traditional IRA for 2016 after I made the rollover. They told me those funds would transfer as well but never did. Now I'm doing another traditional IRA contribution so I can rollover to the Roth. What are the implications of this $0.25 in interest? Is there anything I can do now?
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