@DanaB27
I see. So if I wanted to convert the whole $16000 in the tIRA, having the basis in there is actually ok bc i would only pay taxes on $11414, since I’ve already paid taxes on the $4586?
It would make more sense to slowly convert her tIRA through the years to grow tax free, rather than take distributions at retirement and pay taxes on those? Will her tax bracket be whatever our whole joint income would be? We obviously would not know our future tax bracket would be.
