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Retirement tax questions
Thankyou dmertz...
With the suspension of RMD's for 2020 I felt I needed to at least take a look at converting.
TurboTax is a great What If tool. After doing comparisons of converting several amounts to my Roth I've found the combined fed and state tax hit is significant (over 30% of the converted amount). At my age it's not going to work.
Thanks again
Jerry
‎November 3, 2020
8:03 PM