rjs
Level 15
Level 15

Retirement tax questions


@Critter-3 wrote:

Simplest solution is to take out the RMD now to satisfy the requirement.


The way I read the question, the OP converted the entire traditional IRA to a Roth IRA (except for the tax withheld). He just said he "converted an IRA to a ROTH." If that's what he did, there is nothing left in the traditional IRA that could be taken out to satisfy the RMD. The OP, @PCM43, will have to clarify the situation.


If my understanding is correct, treating it as an excess contribution to the Roth IRA may be the only solution.