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I'm getting a refund - Roth Conversion Estimated Taxes
Hello,
I have a W2 job and I get enough taxes taken out that I get a refund each year. I'm doing a small Roth conversion which I'm sure the taxable amount will be covered by the deductions I'm currently taking. Do I still need to pay estimated taxes on the amount of the conversion up front or can I just net it against the refund that I'm expecting when I file an April? Thanks!
Topics:
‎November 23, 2024
8:25 AM