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Get your taxes done using TurboTax
The original question (as I understood it) asked if they did a Traditional IRA to Roth *conversion* would that conversion be added to the MAGI to limit a separate Roth *contribution* in the same year. The answer is no, as the IRS Pub 590A MAGI worksheet 2-1 says, a conversion is subtracted from the AGI to determine the MAGI for Roth contribution limits so the amount of conversion does not count.
(TurboTax follows that rule - Traditional IRA to Roth conversions are not added to the MAGI for the purpose of limiting Roth contributions.)
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎December 14, 2019
7:08 PM