@garyl807 wrote:
According to Schwab the conversion was OK. I can convert any amount as long as the taxes are paid. I did convert some ETF's which they said were fine.
You can convert any amount from an IRA to a Roth as long as you pay the taxes, but it is not your RMD.
Bottom line: If you are required to take an RMD, you must withdraw that first. It goes into your checking account and you pay the taxes, and then you can invest it in a non-tax preferred broker account (or give it to your grandkids, or buy a car, whatever). But it can't be rolled over.
After you withdraw your RMD amount, then you can perform a rollover with additional funds.
As noted, you have a failed rollover and you missed your RMD for the year. You might want to discuss with a tax professional.
