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Roth Conversion affecting state taxes
I converted monies from a traditional IRA to a Roth IRA but did not have taxes withheld. I directly paid both the federal tax and state tax, and can show both on my return, but my state (Michigan) filing in TurboTax is now requiring a quarterly tax to be paid in 2024, even though we are getting a refund. Why?
‎February 18, 2024
12:17 PM