Q. When do I need to convert my Traditional IRAs to Roth, for it to count as a 2023 conversion?
A. By 12/31/23.
Q. Cn it wait until next year by April 15 so I know my final taxable income and then make any adjustments?
A. No. 2023 contributions to an IRA can wait until April 15 of the following year (2024) to count for 2023. But, that is not true for CONVERSIONS. Conversions must be completed by 12/31/23.
