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Deductions & credits
Is your IRA growing in value to exceed your prior years basis?
If yes, that's good, but for a conversion the earnings and the basis will always be included in a prorated manner.
It's still a good idea to convert Traditional IRA to Roth IRA as much as possible.
Your retired self will definitely thank you.
‎April 20, 2023
3:40 AM
537 Views