Though my financial advisor we did a large Roth Conversion from my wife's Tax Deferred IRA in 2024. Meanwhile, we received a benefit from my Tax Deferred account. Both are reported as income. However, the income from my tax deferred account was permitted to take the $12, 500 pension exclusion however my wife's Roth conversion was not accepted even though it was taxed as income. Are Roth conversions eligible for the Delaware Pension Exclusion if a distribution to the account holder was not made?
