Thank you KMW. Great answer! You mostly understood my confusing question. To date, all of my Roth conversions were made from my non-deductible traditional IRA account. Under the pro-rata rule I have enjoyed not having to pay federal taxes on approximately 35% or more of the converted funds. All of my non-deductible after tax traditional IRA has been converted to Roth this year; however, I figure I can still convert another $50k this year from my pre-tax GOV TSP/401k account in 2023 without moving into the next tax bracket. I’m trying to reduce future RMDs and want to convert as much as I comfortably can to Roth before I turn 75. If I elect to convert both pre-tax TSP and after-tax non-deductible trad. IRA to Roth IRA in 2023, in essence, would that just affect the pro-rata %, causing more of my conversion to be taxed? In addition to wanting to convert more to my Roth, as indicated, I also don’t want to create any more confusion for myself during tax filing season. Thank you so much!
Mark
