Robert, thank you for the response. If I understand you correctly, I can make the conversion in December as long as I pay the tax at the time of the conversion (or sooner) in this case. December. However, I don't want to reduce the amount of the conversion by having my broker deduct the taxes from the converted amounts. I'll pay the taxes from non-retirement funds and I'll pay the tax with estimated tax filing in the 4th quarter. Do you think that this strategy will avoid any IRS penalties? Thanks again. DR
