- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
The amount converted to a Roth IRA will be reported as ordinary income. The amount of Federal and State taxes will be computed at the time of the preparation of the return.
However, I note that you said you did it in the 4th Quarter of the year. You still have time to make estimated payments. Generally , the last quarter of the year can be paid by January 15th.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎November 16, 2022
12:40 PM