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Retirement tax questions
If you have no other taxable income, doing a Roth conversion to create taxable income and an income tax bill is a good way to benefit from the solar credit. Remember, however, that doing a Roth conversion will also make up to 85% of your social security benefit taxable (if you are taking your SS benefit). So it's a more complicated calculation to figure out how much you can convert.
‎December 7, 2022
10:39 AM