Get your taxes done using TurboTax

without a non-deductible basis, you cannot avoid taxation on a conversion.

When you convert N dollars to a Roth, that is N dollars of ordinary income added to your total income.

 One strategy is to convert only part of it each year until it is all done.

 

Right now would be a good time to convert because, if you are like most long investors, your investments are down 30%,

And Trump is about to send you helicopter money.