The Pennsylvania Department of Revenue says the conversion of a traditional IRA to a Roth IRA is generally not taxable. That is, monies transferred from a traditional IRA to a Roth IRA via conversion (whether by a trustee-to-trustee transfer or a roll-over within 60 days) are generally not subject to Pennsylvania personal income tax. See: Taxability of Roth IRAs according to PA income tax rules
Choose Traditional or Roth IRA; I’m over 59.5 to make this non-taxable to PA.
Distributions from an IRA are not taxable if the payments are:
- Received, including lump sum distributions, on or after reaching the age of 59 1/2.
- Paid to the estate, or designated beneficiary, of the participant by reason of the participant’s death.
